Please follow the charts....Do your own analysis before taking position....
INSTRUMENT: CUMMINSIND TIME FRAME: DAY OTHER TIME FRAMES FOR CONFIRMATION: 1HR, 2HR, 3HR, 4HR, DAY & WEEK INDICATORS AND THEIR TRENDS: PSAR: BEARISH STOCHASTICS: BULLISH SUGGESTED TREND: SIDEWAYS END OF DAY PRICE ACTION SUGGESTS BEARISH TREND CMP: 377.50 SELL BELOW: 372.88 SL: 373.92 TARGET 01: 370.30 TARGET 02: 369.14 My analysis is that CUMMINSIND is...
There is a supply zone @ 395-405 in CumminsIndia. Friday it was managed to sustain in this zone. It will be the Intraday swing trade for me once it will sustain above 405 for the target of its next supply zone @ 437-443. If it will respect my trade plan then it may be a short turm position trade(1-5 days) trade for me. condition: IF IT WILL NOT...
FOLLOW DO NOT SHORT IF NIFTY GOES UP
Talking about the long term is a reversal point for the close. The eyes of both investors and buyers should be on this stock for deep buying. Over-reaction, which is a little more down moves us a super entry point for the trader. 483 nearby are the best level for short term holding. There's 2 targets for investor and swing traders. First is easy which...
Educational Purpose.
I am just posting this because you can learn from work. How did I catch move? Don't forget to give a LIKE on this post if you think its really nice. Yeah, let me write one more line... I am not giving 1,2,3 steps targets... but directly saying /// always about move. ..
LOGIC 1) INVERSE HNS 2) GOOD VOLUME BREAKOUT NOTE -- RESULTS TOMORROW (EXPECTED TO BE ULTRA POSITIVE....LET' S SEE WHAT HAPPENS ON CHART IT IS BUY)
Price Ranging In a channel. Price is on the verge of crossing daily resistance. Increased Volume on last day. Also its nearing results, which are expected to be good... Positional trade can be taken...Levels given... Long Above 601, SL 591, Target 611/615/625
CUMMINSINDCMP 595.15 TARGETS 617 , 635 , 643 STOPLOSS 579 DAY CLOSE BASE APPROX DURATION 15 DAYS
Cumminsind stayed strong and managed to register a close above an important pivot level. 600 will serve as another resistance in the coming week above which the stock can rally hard "bohot hard" Also noticing an inverse H&S in the stock. The swing of right shoulder can be kept as a stop loss. The RSI has started moving into the 60's and MACD is above the zero...
Buy Cummins India @ 530 Target 550-560 SL 510 closing
Fake Double Top Cummins India Buy above 536 TGT: 567 SL: 504.45
#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.