Short

Cummins India

Updated

After completing its pullback towards the daily time frame Kijun support it has reversed and appears to have a given a breakout in hourly time frame. If it holds above 574 it could continue its rally till 675 with a minor resistance at 625.

Comment

Errata Its a long trade suggestion not Short as mentioned above

Comment

Near the minor resistance of 625, short term traders can book others could trail with 605 as trigger

Trade closed manually

closing the view for now of this move from 595 to 645. Will review it again if it sustains above 640 or near 610 on a dip

Dinesh_C_Nagpal

Webinar recordings available
t.co/3mGWp29Xkb

Also on:

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.