Stock Radar: Cyient breaks out from a descending triangle pa

Stock Radar: Cyient breaks out from a descending triangle pattern; should you buy on dips?

Cyient shares hit a record high of Rs 2,457 on December 22, 2023, but failed to hold on to the momentum. The stock found support above 1,900-2,000 levels, which acted as crucial support multiple times since December 2023. Short-term traders can look to buy the stock now or on marginal dips for a possible target of Rs 2,450 which could lead to a fresh record high.

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, Cyient Ltd , Descending Triangle ,

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