CYIENT LTDLong
CYIENT Long
The stock is currently in a healthy uptrend, with very few whipsaws. The idea is to wait for the stock to hold support on the upper trend line region and go long, or in case if it breaks the first trend line , wait until it reaches the lower trend line /50 MA and go long from there.
1st buy - 960-980
1st buy target - 1090-1100 (as per Fib Retracement)
2nd buy - 875-905
2nd buy target - 938-948 (1st target) if it holds support of the fib retracement, 1000-1020 (2nd target)
PS : I'm new to the community and this is my first analysis. Hope it helps.
1st buy - 960-980
1st buy target - 1090-1100 (as per Fib Retracement)
2nd buy - 875-905
2nd buy target - 938-948 (1st target) if it holds support of the fib retracement, 1000-1020 (2nd target)
PS : I'm new to the community and this is my first analysis. Hope it helps.
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