ArcherDAVIS

CUMMINSIND SHORT

Short
NSE:CUMMINSIND   CUMMINS INDIA
This pattern appears to show a channel on the down trend. The prices have been consecutively making lower lows and higher highs. Which means that the general trend is downwards.

Strategy:
Short @ 384
SL @ 388.6
T @ 372.85

Strategy fails if the upper trendline is broken.
Trade closed: stop reached