CYIENT LTD - Bullish BUY

3天前

This stock has following attributes

1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Dailiy vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) 3 out of last 5 sessions breakout making higher highs
6) ADX > 25 and rising - Momentum increasing

Fibonacci retracement target # 1 - 2283 and onwards as indicated in chart

Analysis for purely academic purpose and doesn't recommend investment