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CourtroomInvestments
Aug 15, 2023 12:19 PM

CUMMINSIND Long

CUMMINS INDIANSE

Description


  • Price is currently testing its up-sloping trendline support. The current up-trend has also taken support at the previous peak, so price is likely to find support around 1700.
  • The Weekly RSI is also testing its oversold zone of up-trend.
  • We expect stock to continue its up-trend and test 2200.
  • A Weekly Close below 1700 would negate this bullish view.

Trade closed: target reached

Target of 2200 has been met!
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