CYIENT - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical breakdown of CYIENT

📊 Trend Overview

Current Trend: Reversing with bullish momentum

Price is above the 50 DMA (₹1,229) but below the 200 DMA (₹1,377), indicating short-term strength with medium-term resistance.

RSI at 57.4 suggests improving momentum, leaning bullish.

MACD at 8.66 shows a positive crossover, confirming upward momentum.

📈 Technical Indicators

Moving Averages

Price (₹1,248) > 50 DMA (₹1,229): Short-term bullish

Price < 200 DMA (₹1,377): Medium-term caution

RSI (57.4)

Neutral-to-bullish zone. No overbought signal, room for upside.

MACD (8.66)

Positive crossover. Momentum is strengthening.

Bollinger Bands

Price near middle band, suggesting consolidation with upside potential.

Volume Trends

Current volume (10.05L) > 1-week average (5.98L): Strong accumulation

Indicates renewed interest and potential breakout setup.

🔍 Short-Term Momentum Signals

Bullish Bias

MACD and volume support continued upside.

RSI suggests momentum is healthy but not overheated.

DII inflows (+1.50%) add to positive sentiment despite FII outflows.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,229 50 DMA, short-term base

Support 2 1,180 Previous swing low

Resistance 1 1,377 200 DMA, medium-term ceiling

Resistance 2 1,500 Psychological barrier

Resistance 3 1,650 Pre-breakdown zone

🎯 Entry & Exit Zones

Optimal Entry: ₹1,230–₹1,250 (on dips near 50 DMA)

Exit Zone: ₹1,375–₹1,500 (partial profit booking)

Aggressive Target: ₹1,650+ if breakout above 200 DMA sustains

🧭 Summary

Trend: Reversing with bullish momentum

Momentum: Strengthening, supported by MACD, RSI, and volume

Outlook: Favorable for swing trades; breakout above ₹1,377 could trigger next rally

Valuation: Reasonable P/E (29.5) vs industry (32.2), strong EPS (₹105), low debt, and solid profit growth (+48.8%) support technical recovery

Let me know if you'd like a visual chart or a simulated trade setup based on this analysis.

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