Name - CYIENT
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 2118
Target - 2471
SL - 2057 and 1939
Always welcome for any comments with your feedback or give it a like if you find it useful.
Cyient ltd. is trading in Wave 4,It may give break out above 1914 of trend line and wave4 correction. As per Elliot wave theory after break out it will come in wave 5 and target would be equals to wave 1, which is 2743.
CYIENT is falling but it seems someone is buying the dip and accumulating their position. Expecting some decent numbers today.
Targets: 2260-2460-2600-2700-2820
NOTE: I'm not a SEBI REG.Study before investing.
Cyient LTD
Cup and Handle Pattern
After breakout of the Neckline, Retesting happened.
Now it's ready for the rally
Tgt 1 : 2278±
Tgt 2 : 2600±
Shared it for EDUCATIONAL PURPOSE. DO YOUR ANALYSIS FROM YOUR SIDE ALSO.
CYIENT:- Cup and handle pattern has formed, wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based...
NSE:CYIENT
✅ #CYIENT trading above Resistance of 1105
✅ Next Resistance is at 1270
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is...
Double bottom chart pattern formation visible, with level of 720 acting as important support zone.
Might see price consolidation zone between 907 and 1008, with momentum gaining ground once the level of 1010 is crossed.
Currently, the structure looks good, with the price also above the 40 weekly moving average.
However, always keep a stop loss of 5-8%.
Note:...
Stock Name - Cyient Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1010
#This is not Buy and Sell recommendation to any one. This is for education...
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CYIENT:- Stock has formed rounding bottom pattern, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to...
