Cisco forms an important and effective part of corporate industry as well as educational industry. World is getting back at its feet, so is their business. Current cyclical change visible on Earnings released with better margins.
Technically, Buy Cisco at CMP - 58 With target of 63/68.
Time frame - 3-4 Weeks.
After locking a new ATH stock needs some correction to refuel to further continue the journey. One can short once the trend line is broken for the support levels as the targets with the strict stop loss.