Bearish Head n Shoulder Pattern is on breakdown point. Below 935 a clear breakdown will be seen with sl 1084 (shoulder's high) tgt will be 600-575. H & S pattern is very Reliable in giving target. But if it hits sl then upside will be very be sharp n fierce change the position accordingly..
NSE:CYIENT from the IT rally CYIENT has taken some good corrections and now it is back to its previous demand zone . it is still taking rejections from the given trendline I expect a good breakout in coming days. CNXIT also looks good after breakout but not much bullish we can buy it after the breakout of both the trendline and the previous 15 days...
Cyient seems to be in consolidation. Breakout may become good swing trade.
Bullish hammer candle Buy above today's high Decending wedge pattern If script enters the wedge then T1 is upper resistance trendline T2 second resistance level
Selling opportunity is available in this stock as the upward price movement got resisted by 5M timeframe(TF) chart pattern and also the price has broken down the weekly TF chart pattern.
Even in the weak market stock not able to break Trend Line Making higher highs & higher lows continuous At previous resistance turned support area Bullish till 1060 not broken
CYIENT is in uptrend for a long time now and it's showing a very big divergence with RSI. Start reducing your holdings and exit when RSI falls below 50.
Price retest in Cyient Detailed analysis given on the chart NSE:CYIENT
Channel pattern breakout small triangle wait till proper breakout
1. MACD cross successful 2. RSI in bullish territory 3. Trend Support acted as a good bounce Cyient seems to be in a good position for some upside here. Lets see! For Educational purposes only.
CYIENT Looking Bullish if will cross & sustain above 1125 will touch 1150-1175-1250 in coming days
Key Highlights: 1. Bullish market structure on HTF 2. Sitting at the flip zone 3. Moving above 200 MA 4. Low volume on retracement Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh (@johntradingwick) NSE Certified Technical & Fundamental Analyst
#Cyient cash -Positional call 02 Nov 2021 Looks good above 1130.10 stoploss 1075 Target 1180-1200/1240/1290 (Risk free above 1200.10) Cmp 1106.80
Good RR for a swing trade. SL 1075 T 1249 A strong channel is building up.
Cyient Ltd - Fundamentals of Q2 - Revenue from operations grew by 10.8% on YoY basis from Rs 1,003 crore to Rs 1,112 crore and 5.1% QoQ. Net profit improved by 44.6% on YoY basis from Rs 84 crore to Rs 121 crore and 5.5% QoQ . Board declared an interim dividend of Rs 10/share. During Q2 FY22, Digital LED Manufacturing (DLM) business grew by 22.1% YoY basis to...
BUY CMP SL-1174 TGT- 1333 TAKE MIN RISK REWARD 1:2 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.
Stock is trading near long term trendline which has been working as a support, price is seeing a bounce from the trendline. Stochastic has also reversed from the 20 level. RSI is also supporting the trendline currently above 50. From here on we can see the price reaching to recent swing high. Setup will be invalidated if price drops below 1025.