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Unite Technologies Financial

20th Jan · SEBI-Registered Analyst

Cyient Limited (CYIENT)

CYIENT
shows a neutral-to-bullish accumulation phase. The stock has bottomed out around 1,080 and is now trending upward. It is currently trading above its short-term Moving Averages 10EMA Above 20 EMA which are starting to curl upwards—a bullish sign. It is facing minor resistance near the 1,200 – 1,220 zone. The recent candles show "wicks" at the top, indicating some profit-booking at higher levels. If it manages to close above 1,222, it could trigger a fresh breakout. Support is well established at 1,160.

#WatchOutFor#Today’sTradingSetup#TechnicalViews
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