ReviveTraders

Cumminsind | Trendline & Ascending Triangle BO at same time 🎯

Long
ReviveTraders Updated   
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
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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

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