Cummin Symmetric Triangle Breakout
Gave BO on 12 Nov with good vol and
broke swing high as well.
Generally after such massive move, next few session stock goes sideways.
If sustained above 482, first target 495
(500 may act as hurdle) Next targwt 522
Note : This idea is for only learning purpose.
It can see sharp upside from 429 as this is very critical long term weekly support line and a bounce can happen.
Swing Setup and Intraday Setup: Enter @ CMP for target of 440/450/460 with strict SL of 424. Or enter at a bounce back and above 438 for the target of 450/460 with SL of 435.
Note: I am not a SEBI register and view is only for educational purpose as...
NSE:CUMMINSIND | (Positional/Long Term Trade.)
Entry:- Below 450 to 435
Stop Loss :- 468 to 480 or (According To You)
(Risk Must Be Managed.)
Keep Your Eyes On Index
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