its just a view ,educational purpose only,,simple candlestick ORB strategy with volume based,
i will buy above the blue line tomorrow EOD may be(3:25PM)
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...
Cyient Ltd: Rounding bottom.
Good for short term.
Buy Above 1319.5
Targets 1350/75/1400/1425
SL: 1250
Can give 500-600 points in years time. Depending on Market can trail SL and gain max
Note : Im not SEBI registered. Do contact your financial advisor before taking trades.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 19th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
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...
With a great result and good guidance compared to larger peers..expect a good move..
Long above 1106 for a quick wedge breakout trade...stoploss below 1060.
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:...
Exercise caution as broader market is bearish.
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens...
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...
CYIENT
- Weekly BO on closing basis
- Increased Volume
- Above all major EMAs
- Bullish D,W,M RSI
- Bounced from Fibo 50% support after forming W
pattern.
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.
