CUMMINSIND
CUMMINSIND: BUY at 848 SL 828 TGT 290CUMMINSIND 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
Stop-Loss: 828
Target 1 : 890
CUMMINSIND: Buy 746.85 SL 728 T1@772 T2@824CUMMINSIND is on a third day long steak with gain of 10% and a GAP UP opening.
GO LONG IN CASH MARKET ONLY. DO NOT RISK IN FNO
Buy at 746.85
Stop-loss 728
Target 1 at 772
Target 2 at 824
Consult your financial adviser before investing.
Cummins India Short term viewBuy above 775 on closing basis. Cup and handle formation going on daily chart.
Vijayaraghavan.K,
Kovilpatti
CUMMINS NecklineCUMMINSIND has been moving around the neck line.currently testing the neck again. Awaiting a breakout/Reversal
Cummins At strong resistance zoneif its able to break and stay above red line then it will test targets in green.
Possible bullish trend reversal
Cummins India short term viewRefer chart for target and stoploss. Indicators are showing bullish signal.RSI,STOC,MACD,CCI are in bullish mode, and ADX showing bearish reversal. This all helps to move up further.
Vijayaraghavan,
Kovilpatti.
Cummins india short term viewAll indicators are positive and Macd crossover coming on this week.
Vijayaraghavan
Kovilpatti
Exhaustion candle on CUMMINSINDCUMMINSIND rose with good volumes but was not able to break the trendline. Bears pushed it down and closed it at S/R level. Bears seemed to have taken the control and plan to push it down.
Cumminsind targetting 840 820 in the coming days.
NSE:CUMMINSIND
Target of 840 820 in the coming days. Since it has breaken the channel, it is safe to assume that share was being distributed at these levels till now and have started moving lower now.
Symmetric Triangle on CumminsIndSymmetric Triangle and price on Demand zone. It is a good chance enter into the right direction either long or short.
Trade:
Long - Entry 925, Targets - 945 / 969 & SL - 900
Short - Entry 899, Targets - 882 / 859 & SL - 924
Note : Demand zone will trigger for long side. So, need caution on short side.
Cummins India - Breaks Crucial Support ZoneIt is been observed on the daily chart that the price action breaks below the important and crucial support zone indicating further weakness in the stock. Now, if it closes below 880 levels today then It shall now further dip down from current levels.
Target 1: 860
SL: 900
Cummins : Channel Breakdown to DownsideWe will be interested in this trade setup only if downside break happens, if it never gets on, there is no trade, we will be looking for some other setup & scrip. Conservative traders book your partial positions around 900's zone & trail. Depending on your targets you need to adjust your stops , take care ! All the Best with Cummins..
