abu_bkr

[Positional] Cummins India Short Idea

Short
NSE:CUMMINSIND   CUMMINS INDIA
Gravestone Doji formation at 52W high. Short if it breaks day's low that is below 883 with SL of 922 and target of 800 as per charts.
Another theory which supports this is RSI . According to RSI , technical top was formed at 799 after that it made another high of 922. Hence, to correct it, It has to come below 799.
Comment: Triggerred
Comment: Partial position SL hit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.