Keep Cyient in watchlist for swing trade.
Cyient has given a positive trendline breakout and sustaining the levels and retested its trendline as support.
This stock is developing buying interest above 832 we can see a explosive move !!
Cyient cmp 776 it broke recent low of 789 weekly it made now closed below it and a perfect rounding top has formed creating pressure on support and finally it broke down & moving towards TP= 745, 709-- SL 800 WCB (weekly closing basis). Longs be cautious don't initiate buy right now wait for opportunities #Robinhood Investment #Prediction analysis. Don't copy try...
Current cyient has shown good qtr result of March 2022, also make double bottom pattern which is very bullish signal, price trading near DMA 200 very good opportunity buy at the level of 915-920, first Target is 1290 within three month then may go upto 1800 level if June 2022 result came positive. This is for education purpose only, make trade on ur own risk.
Buy Cyient for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Improving outlook on aerospace vertical.
2) Improved demand from large deals, healthy order book, rebound in DLM business and organisation restructuring to accelerate growth.
3) Margins to improve led by improved revenue growth and...
CYIENT
On daily Cart, trendline breakout
Buy above 965 levels or at trendline support
for targets of 980-1010 levels
keep SL of 930 DCB
This is short term view, avoid long position in this script
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
