CYIENT 1D: 3rd Touch of a Rising Support Line Cyient LimitedNSE:CYIENTdgupta88A rising support line on the daily chart of CYIENT, found by an automated trendline scan from the swing highs and lows. The picture so far 3 confirmed touches on a rising support line between 16 Sep 26 and 30 Oct 26. No daily close through the line since the first touch; a close within a hair of it is not counted. The 16 Sep 26 touch, the one old enough to count, held for ten daily candles. The latest 2 touches are under a month old and are not counted. Flat ceiling on the other side: 6 touches, the latest on 26 Oct 26. The two lines draw closer to the right. Newest closed candle (2 Nov 26): closed just above the support line. What to keep track of While the daily candles close above the support line, the line stands. A daily close below the support line ends this reading. A daily close above the flat ceiling. Where the two lines meet - about 37 trading days ahead. Whichever comes first gets an update under this idea - a hold or a break. Your read? Does a support line get stronger with every touch, or does the 3rd one wear it out? Our view As long as daily candles keep closing above the rising support line and the pivot low of 30 Oct 26 is not broken, the structure stays intact and the bias stays upward. A close above the flat ceiling would confirm it. Part of "NSE Lines · daily" - an update follows either way. Our view is an opinion on the chart, not a recommendation. For study only. Not investment advice. The author is not SEBI registered.