CYIENT trade ideas
CYIENT | Wedge Breakout & Flag formation - Can see 25% CYIENT | Wedge Breakout & Flag formation - Can see 25%
Short time holding - Might need to hold for few months time as i've used Weekly time frame.
CMP : 389 (can buy upto 375)
SL : 355
Target : 485
1:4 risk reward setup
Cyient [Weekly] Cyient
- Bullish
- Crossed Above 200WEMA
- Breakout of a Bullish Flag with good volumes
- CCI above 100 shows Momentum
#cyient LOOKING GOOD for long this is for reference only please do not trade based on this.
as there are lot of other factors which is not mentation here.
CYIENT : CUP & HANDLE , POSITIONAL CYIENT making CUP & HANDLE PATTERN on DAILY as well as on WEEKLY CHART.
cmp =429.5
T1 - 443
T2 - 453
T3 - 463
SL - 400
Note : Profit Booking may Happen Soon... so the prices may retrace a little , so add more in dips.
CYIENT | Flag / Cup & Handle - Looks good for 25%CYIENT | Flag / Cup & Handle - Looks good for 25%
CMP : 412 (Buy only 60% - Remaining in dip upto 370 or breakout above 435)
SL : 350
Target : 515
Almost on the verge of breakout8 weeks flat base.
3 T VCP : good volatility contraction.
Extreme volume contraction.
434 is 100 WMA so probable resistance.
Target - 420 at least i.e. 200 WMA.
Educational view / Expecting this / CYIENTBuy At 376.80
Stop loss 363.00
Target 415.00
Trade with all your responsibilities
CYIENT channel breakout and consolidating On the daily chart, it's consolidating after the breakout. Weekly candle shows some bearishness. Should be in the watchlist for the coming days.
It has a golden crossover as well.
CYIENTKeep a close eye, one can accumulate around 370 levels and look for about 40-60 rupees in two weeks.
NOT A RECOMENDATION, JUST FOR EDUCATIONAL PURPOSES ONLY.
CYIENT Bullish BiasW botton Breakout on cards
Risk takers can buy at CMP levels
Safe player on Breakout of 430 levels
Target 1 430
Target 2 460
Stop Loss 390 levels
