#CUMMINSIND has given breakout from downtrend, key resistance levels to look for are 585 to 595.
Breakout would be strong if enough volume is seen, currently it's in sideways trading in range.
Breakout from box would give clear picture.
CUMMINSIND has gained 3.16% on NSE with 3.45 times its average volumes supporting fresh long positions in FNO segment on NSE. The stock is in an uptrend trading above ichimoku.
Take a JAN Positional Long on this stock in Options. Please consult your financial adviser before investing.
BUY AT : 848
Target 1 : 890