Get started
CYIENT LTDCYIENT LTDCYIENT LTD

CYIENT LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

CYIENT trade ideas

Cyient Techo-Fundamental analysisjust now Cyient ltd Trade idea - Entry - First pullback after 29th November 2023 candle - Stoploss - 1890 - Position sizing - 20% of the capital - Target - 2150 Catalyst behind - IT sector outperforming - Quarterly EPS - 120% up from previous years same quarter (why do we compare from previous years quarter - because to hinder one time extraordinary earnings on sale of real estate or machinery) - Annual EPS - 50% up from past 3 years (2020 2021 2022) - Return on equity - 18% (considered healthy) - Total revenue - 28% up from previous years same quarter Technical analysis - RSI weekly - above 60 - Moving average crossover - 20 dma over 50 dma - Bollinger band - Squeeze open (volatility contraction) - Base building - 11 weeks Happy trading
NSE:CYIENTLong
by Refex_capital
2
Watch this may shock uBreakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.
NSE:CYIENTLong
by UnknownUnicorn24085472
6