TradeTheTip

Cumminsind | Trendline & Ascending Triangle BO at same time 🎯

Long
NSE:CUMMINSIND   CUMMINS INDIA
Positional Trading opportunity ! Weekly Chart Alert !!!

--Buy Above =593.85 or CMP
--Target = 745.45 | 871.45
--Stop-loss = 530.10
--Lot Size =1200
--R:R = 4.35
--Expected Profit = 3,32,000 ₹ per lot (46 % )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌

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Technical Reasons to trade or Strategy applied :-

1) Longterm trendline break with good volume
2) Ascending triangle break with trendline
3) Retracement is probaly done
4) Targets is based on the resistance areas


Guys check out the related ideas as well, it will work really well GUARANTEED !

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✍COMMENT Below your view !
Comment: ----👇👇 Rounded- bottom Pattern ------👇👇
Comment: Looks like a channel pattern
Trade active
Comment: Near our first TARGET, keep booking the profit
Trade closed: target reached: 1st Target reached ( 25 % ) Gain
SAFE traders can book fully , rest modify the SL to cost
Trade closed: target reached: Full Target is done ........everyone exit fully 💯
46 % GAIN

Comments

CREATIVE WITH FULL OF USEFUL INFORMATIVE CHARTS !!

KEEP AT IT !!
+3 Reply
Same expecting 676 and final 745 target 😃
+1 Reply
TradeTheTip varadtambolkar
@varadtambolkar, perfect sir , it gave me some confidence to hold it ...keep commenting
Reply
thank you sir 👍 happy to hear that.
+1 Reply
Still we can hold it ?
Reply
TradeTheTip srimanikanta20
@srimanikanta20, yes sir you can hold it but safe traders can book as stocks moved so much & in a great profit now
Reply
srimanikanta20 TradeTheTip
@TradeTheTip, Thank you Sir :)
Reply
TradeTheTip srimanikanta20
@srimanikanta20, 🎯💯
Reply
superb !!! informative.

1 - have you recommend to trade in Futures or cash ?

2- If it is future means how can i hold three months duartion ? I'm new learner, please excuse me if my question is silly or wrong :(

Thank you.
Reply
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