CUMMINS INDIA LTD
Short
Updated

CUMMINS- Bearish Head & Shoulders TOP!

193
Attached: Cummins Daily Live Market Chart as of 13th April 2023

Price has put in a Clean Head & Shoulder TOP Pattern and the Breakdown & Retest of this Pattern is also done
Currently Price is Moving Down to meet its 2 Targets

Downside Targets:

T1= Gap Fill Area @ 1475
T2= 1360

As long as Price holds below the 20 Day SMA (1615 presently), this Stock is a SELL......
Trade closed: target reached
1st Target Hit and then Price has rallied. Trade Closed

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