Bullishmomentum
Cummins looking good on chartsHello Traders
I am expecting good upside move in CUMMINS , Stock is on verge of breakout
if break mentioned level with good volume Good upside move can be seen.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
Long call optionTook support on 4H TF.
Trade plan
Buy 560 CE September and hold till sustains above 6.85
CMP 8.5
Target 11 13 16 +
SL below 5.5
PS Only for educational purposes, Do your own research, not SEBI registered
CAD/CHF Technical analysisCAD/CHF has bounced sharply to the highs of 0.75969.
It consolidated in the highs with a flat correction.
The MACD indicator moved into the sell zone owing to correction but has now reversed to the buy zone.
We expect the pair to higher and trade with positive bias from here, however, the counter might find support at the trendlines which we indicated in the chart and then can bounce too.
So, traders can trade according to their plan and the pair is exhibiting strong bullish momentum for the day.
GAIL - Bullish signalGail 1D chart shows that it is above 100 EMA. Supertrend has shown buy signal.
MACD is above zero line and bullish crossover moving upwards.
There is resistance at 390 and if it manages to break, it will move higher.
CMP 374.60
It created a double bottom at the support line and broke the resistance of 349 then went higher.