Cummins India: Near Multi years Breakout

The stock has performed exceptionally well in the current market rally and now retraced to a level of 750-760.

Currently it is trying to make a base between 700-750 levels. once a daily candle is closed above 800 Levels with above average volumes which currently acting as resistance. Then a further rally can be seen to 1100 levels.

All levels are mentioned on chart. The perfect entry would be only after a strong closing above 800 levels.

DISC: For educational purposes only. Please consult your advisor before making any bet.
Trade active: Stock has given closing above 800 levels now.


This is one super scrip with excellent performance. Will keep an eye! A well done analysis. Thank you
@Gotledu, Thank you for appreciating. Please follow me on trade_opportunities on instagram.
Breakout already happened long back, trend line is not correct.
trade_opportunities ajeetkumarsachan01
@ajeetkumarsachan01, If you are talking about the breakout near 560 levels then that was not multiyear breakout buddy. I would request you to please pay attention to the complete description of the chart analysis.
I am still learning and just cross checked with my analysis. It did match level to level. Thanks for posting! @trade_opportunities
@PraveenMakam, Keep it up buddy.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out