Cummins India - 5 Factors to look at going into results

Jul 19, 2023

The picture is self explanatory

Recommend - Buy ITM Calls, Stock or sell put credit spreads (depending on your risk appetite)

Disclaimer - Trading stocks is risky & 95% of traders as per SEBI statistics lose money - with 60% losing most of their capital in 12 months. So, the odds are stacked against anyone trying to make a living in the markets. All the ideas here for education & analysis only. Please do your own research before risking your capital.

Jul 21, 2023

Note

Market is weak going into the end of this month. Will be holding off on new longs

Jul 25, 2023

Note

Still basing - wait for results. There is no pre result positioning here it seems

Jul 25, 2023

Note

Still a good setup. Wait for the right time (right after results)

Jul 27, 2023

Note

Still basing - very light candles indicating that the traders are getting ready for results. Monitor it closely for now - maybe take a small position to get things going and jump onboard if results are good

Aug 2, 2023

Note

Still basing - this has been a very long base out before results in deed.

Aug 9, 2023

Order cancelled

Never took the trade as the stock collapsed after earnings