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ReviveTraders
Jan 5, 2021 7:41 AM

Cumminsind | Trendline & Ascending Triangle BO at same time 🎯 Long

CUMMINS INDIANSE

Description

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β­• Positional Trading opportunity ! Weekly Chart Alert !!!β­•

--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 β‚Ή per lot (46 % )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT πŸ“Œ

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β­•Technical Reasons to trade or Strategy applied :- β­•

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 !

πŸ™FOLLOW for more !
πŸ‘LIKE if think is useful !
✍COMMENT Below your view !

Comment

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----πŸ‘‡πŸ‘‡ Rounded- bottom Pattern ------πŸ‘‡πŸ‘‡

Comment

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Looks like a channel pattern

Trade active

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Comment

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Near our first TARGET, keep booking the profit

Trade closed: target reached

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1st Target reached ( 25 % ) Gain
SAFE traders can book fully , rest modify the SL to cost

Trade closed: target reached

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Full Target is done ........everyone exit fully πŸ’―
46 % GAIN
Comments
Pranav999
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CREATIVE WITH FULL OF USEFUL INFORMATIVE CHARTS !!

KEEP AT IT !!
varadtambolkar
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Same expecting 676 and final 745 target πŸ˜ƒ
ReviveTraders
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@varadtambolkar, perfect sir , it gave me some confidence to hold it ...keep commenting
ReviveTraders
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thank you sir πŸ‘ happy to hear that.
srimanikanta20
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Still we can hold it ?
ReviveTraders
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@srimanikanta20, yes sir you can hold it but safe traders can book as stocks moved so much & in a great profit now
srimanikanta20
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@tradethetip, Thank you Sir :)
ReviveTraders
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@srimanikanta20, πŸŽ―πŸ’―
AmHarikrishnan
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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.
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