Stock Radar: Cyient stock hits fresh 52-week high after nearly 2-month consolidation; is it time to buy?
Cyient Ltd has recently broken out of a consolidation phase, hitting a fresh 52-week high. The stock demonstrates bullish momentum, with short-term targets above 1,300 levels in a few weeks. Analysts suggest that the price structure indicates a continuation of the upward trend. Immediate obstacles have been cleared, paving the way for further gains ahead. Investors are advised to consider strategic entries and protect capital with stop-loss measures.