Descending Triangle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The stock rose from Rs 929 on April 30, 2024, to Rs 1,039 on May 31, 2024, which translates into an upside of 11.8% in a month. The stock quickly scaled Rs 1,100 levels in Monday's intraday trade. The momentum helped the stock break out from the Descending Triangle Formation on the daily chart. The breakout was confirmed with strong volumes, which is a positive sign for the bulls.

The AUD/USD pair finds an interim support near the psychological level of 0.6500 in Thursday’s early European session.

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.

The AUD/USD pair extends its winning spell for the third trading session on Thursday.

The Pound Sterling (GBP) exhibits moderate pressure in Monday’s late European session amid uncertainty ahead of a data-packed week.