CUMMINSIND, 1D formed Morning starNSE:CUMMINSIND Formed in 1962, the largest entity of Cummins in India, Cummins India Limited is the country's leading manufacturer of diesel and natural gas engines.
Cummins India formed morning star candlestick pattern and gave closing above it.
Entry : 1755.35
Target : 1821.40
SL : 1670
RR : 0.77
CUMMINSIND
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.
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!
CUMMINSINDCUMMINSIND:- If it sustains after giving a breakout, we may see an upside moment.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
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.
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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.
CUMMINS- Bearish Head & Shoulders TOP!Attached: Cummins Daily Live Market Chart as of 13th April 2023
Price has put in a Clean Head & Shoulder TOP Pattern and the Breakdown & Retest of this Pattern is also done
Currently Price is Moving Down to meet its 2 Targets
Downside Targets:
T1= Gap Fill Area @ 1475
T2= 1360
As long as Price holds below the 20 Day SMA (1615 presently), this Stock is a SELL......
NSE Cummins in a long term uptrend
On weekly basis showing strength and in a sustained upmove
Currently around 1700 or so. However there is a chance of reversal on the daily chart back to 1650. Keep this on your watchlist and buy in dips back to 1650
One good strategy could be taking a small position - 20% of your full size now and then catch more on the downside
Strong resistance at 1580-1600 and this can be used as the buy zone. Ideally buy stock for a 3-6 month period (8-12 weeks)
CUMMINSINDCUMMINSIND:- Ascending triangle pattern has been formed, stock has also given breakout, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
CUMMINSINDCUMMINSIND:- The stock has formed a head and shoulder pattern on the daily chart, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Cummins India - Break out confirmedManufatures of diesel & natural gas engines. Almost debt free company with consistent returns from stock value over years. Stock is near 52 week high . Stock is trading through an upward parallel channel. Stock now bounced over from resistance trend line . Trend shows a short term movement of 10-15% .
Cummins India gears up to move upBreaking out of the zone above 1064, the 5 year price high of 1094.95 last achieved on 2 May 2017, broken.
7 year price high of 1247.65 last achieved on 3 Aug 2015 can act as immediate target and resistance.
Probable target: 1373
Keep a stop loss of 5-8%.
Note: Not a buy and sell recommendation, do your own study and consult your financial advisor
Cummins India - Short TradeYesterday Cummins India broke the short term support zone and today tested that price, shorting here at 1330.5 for a target of 1271 with stop 1339. RR is very good for this trade.
levels are mentioned on the chart.
Disclaimer: I am not SEBI registered, please consult your FA before investing.






















