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daerontrading

Cummins Ind: Prepping to break 933

Long
CUMMINS INDIA (NSE:CUMMINSIND)  
daerontrading Updated   
NSE:CUMMINSIND   CUMMINS INDIA
Trend Analysis Chart Patterns Wave Analysis CUMMINSIND
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trendanalysis chartpattern waveanalysis cumminsind
After an exponential rise the stock is back on its trend line taking a strong bounce on the trend line and 747 support as well. Good consolidation since it hit high on 1st April. Likely upside of 933 coming soon. Can be bought in parts at CMP and then again when it take support from trend line. Price has multiple supports at 20 and 50 EMA followed by trend line and the bottom of zone of consolidation. SL below 797.

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