raam8360

Cyient Analysis

Panjang
NSE:CYIENT   CYIENT LTD
Consistent Returns after the 2020 Crash. Results were not impressive hence there is a slow movement in the stock.
Huge support at 967, Support 1083 right now the stock gave a breakout above its resistance for 2 days.
RSI & MACD are nearing Overbought zone might see a pullback sooner. Can enter now (Dividends on 26/10, it may boost the price for few days) and add more at pull back or wait and enter, for short-mid term trade, the perfect buy levels were 1050-1100.
Penafian

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