Get started

CUMMINSIND

Cummins India Ltd: Eyeing a Major BreakoutCummins India Ltd (NSE: CUMMINS) is signaling strong bullish momentum on the weekly chart with a falling wedge and bullish flag combination . Key Insights: Patterns: Falling wedge + bullish flag – strong continuation signals. Current Price: ₹3,671.00 (+1.98%). Breakout Zone: ₹3,750 (watch for a sustained move). Targets: ₹3,929 → ₹4,169 → ₹4,500 → ₹5,600+ (bullish flag projection). Support Levels: ₹3,422 and ₹3,251. A breakout above ₹3,750 with volume confirmation could push prices toward ₹5,600+, aligning with the bullish flag target.
NSE:CUMMINSINDLong
by ayusharya_001
Potential Channel Breakout: Cummins India Near 3950Details: Asset: Cummins India Limited (CUMMINSIND) Breakout Level: Above 3950 Potential Target: Significant upside potential beyond 3950 Stop Loss: Below 3950 or as per risk tolerance Timeframe: Medium-term Rationale: Cummins India has been consolidating for months and is now nearing the critical breakout level of 3950. A successful breakout from this channel could lead to a substantial upward move, making it a stock to watch closely for potential big gains. Market Analysis: Technical Setup: The stock has been consolidating in a channel and is approaching the breakout level of 3950. A breakout above this resistance could trigger strong bullish momentum. Consolidation Phase: The prolonged consolidation suggests that the stock is building strength, and a breakout could be a signal for an extended upward trend. Price Target: The breakout above 3950 could lead to a significant move higher, with further upside potential as the stock gathers momentum. Risk Management: A stop loss below 3950 is recommended to protect against downside risk in case of a failed breakout or market reversal. Timeframe: The expected breakout and potential move higher could unfold over the medium term, though the actual timing depends on market conditions and the strength of the breakout. Risk-Reward Ratio: A favorable risk-reward setup, with limited downside risk near the breakout level and significant upside potential if the breakout occurs. Keep a close eye on Cummins India for a possible breakout, and be prepared to act based on technical signals and market conditions.
NSE:CUMMINSINDLong
by CyborgTradingHub
CUMMINS INDIA - Swing Trade Analysis - 7th August #stocksCUMMINS INDIA (1D TF) - Swing Trade Analysis given on 7th August, 2024 Pattern: SYMMETRICAL TRIANGLE SETUP - Strong Pullback candle from Support Trendline - Done ✓ - Weekly Volume buildup near Resistance Trendline - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress Please Note: - This is an early entry to give for a better RR - Resistance Trendline Breakout - In Progress * Disclaimer
NSE:CUMMINSINDLong
by TradeRyteStockz
Short Term Trading Opportunity in Cummins India for >15% UpsideHi, NSE:CUMMINSIND has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Weekly and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:CUMMINSINDLong
by raigvivek
CUMMINSIND - Bullish Swing ReversalNSE: CUMMINSIND is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:CUMMINSINDLong
by BrahmaBull31
Cummins India - 5 Factors to look at going into resultsThe 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.
NSE:CUMMINSINDLong
by kunal_finner
4
Cummins India : Trend Continuation Triangle NSE:CUMMINSIND Cummins India yesterday gave a good breakout on 30 min chart it should give a good follow-up move after retest ( mentioned on the chart) watch the price action and volume when it's doing retest. stop loss should be below the support trend line as it's the major trend. Project an upside channel line for target measurement. or you can use the minimum target objective of the baseline of the triangle. The above information is for educational purposes only, Before acting on any investment idea please do your own analysis and follow proper risk to reward. I hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
NSE:CUMMINSINDLong
by SANJAYPATIDAR_
CUMMINSIND - Ichimoku Bullish Breakout Stock Name - Cummins India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1848 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:CUMMINSINDLong
by nikunjbhadja
CUMMINSIND - Ichimoku Bullish Breakout Stock Name - Cummins India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1815 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:CUMMINSINDLong
by nikunjbhadja