Cyient LtdA clear cut Multibagger in the making from the viewpoint how I found out Tata Elexi in 2018 period onwards after earnings - this IT company could surely be the one in making on the footsteps of price action of tata elexi of price expansion going forward. Watching fundamentals too can be trigger upside with the next earnings-also its the smart money flow volume breakout understanding of PRICE ACTION wrt same done on Tata Elexi before but in a bit low side of confidence - but this CYIENT LTD is exactly the reason why I love to TOP Down analysis of price action with overall dynamics and going forward price action with Trailing SL once into the counter and remaining CALM till the fundamentals are intact. Stay Positive
CYIENT trade ideas
Breakout expectation in CYIENT tomorrow 8th Aug #CYIENT Breakout expectation in CYIENT tomorrow 8th Aug #CYIENT
1656 ABOVE expecting small upmove for tomorrow. keeping support area 1640 as stop loss...
Follow strict risk reward and stop loss
Charts for Educational purposes only.
Thanks,
V Trade Point
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
CYIENT - Bullish Consolidation with VolumesNSE: CYIENT is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade