CUMMINSIND
SWING TRADE IN CUMMINS INDIAStock is in BULLISH Trend , 50 EMA above 200 EMA
Stock was gave a BREAKOUT from a major PRICE ACTION LEVEL and give the CONFIRMATION for the BULLISH move in coming days
Set STOPLOSS at 1099
Cummins BreakoutBO done above 935 today out of long consolidation range.
- Stop loss - 819 Target - 1120.
- RS rising into the positive zone.
*only for educational purpose not a recommendation
CUMMINSIND - Swing trade Opportunity Cumminsind -- strong breakout after months of consolidation -
Looking strong above 925 - backing up with good volumes on daily timeframe
Next res level - 1048 - Keep an eye on this level. Couple of times reversal happened at the same level in past.
Considering market sustaining above current levels - Good opportunity gor swing trade from 975 to 1045 levels.
Please do own research before investing.
Cummins India Inverse Head and Shoulder pattern completed.Cummins India Inverse Head and Shoulder pattern completed, expecting a higher movement
Potential target is Rs 1065 within 6 months time frame
Keep SL below 850 level on daily closing basis
Do your own analysis before investing
buy above given levelafter breakout retracement seems over. hopefully will second attempt to go up will begin here
CUMMINS | LOOKING GOOD BUY ABOVE 950The stock has given the breakout and looking a good buy if sustains above 950 tomorrow for the marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Multiyear breakout on weekly time frame | CUMMINS INDIANSE:CUMMINSIND
Multiyear breakout on weekly time frame for CUMMINSIND.
it is for mid to long term term holding.
CUMMINSIND POSITIONAL TRADE SETUPCummins India is making ascending traingle.
.
So if the stock give breakout above triangle target will 940-960.
.
If it goes below trendline then we can see the sharp selling. But I think volume is high,
.
There is less chances to go bearish.
.
What's your view on this comment below in the box.
CUMMINSIND heading for big BOAfter last upmove #CUMMINSIND consolidating almost 5+ month.
It tried multiple times to sustain above 900 but failed each time. Finally now it sustaining above 900 plus it give highest weekly closing after March 21.
Long entry can be initiated at this level with SL of 820. For safe player wait for daily candle close above 925.
Target - 1200+ All time high.
Cummins India chart analysisCummins India chart analysis for intraday and swing trading. green line is support line of day time frame
cumminsindcumminsind ready after inverse head and shoulder
target is drawn in picture
time period is definetely undefined because we have to learn to react in market not to predict
learn to react not to predict
CUMMINSINDAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
CUMMINS LONG TRADEHorizontal Breakout Can Be Seen in Cummins. Ascending Triangle Pattern in Making. 820 Seems to Be a Good Support. Slight Resistance At 926-938 Level
CUMMINS IND Inverted H&S CUMMINS IND is forming an inverted head and shoulder pattern on a daily time frame. could be played short-term for the neck, risky players can wait for neck breakout for targets up to 1120.
Zone 800-820 is a good support zone. Entry here would be ideal.
Cumminsind Bullish View- Classic CaseIts Daily chart of cummins india.
As can be seen a bigger falling channel breakout is followed by a formation of another falling channel.
Second falling channel breakout done.
Price has just closed above previous resistance of 908-910, with increased volume and strong candle spread.
This resistance area has been tested 5 times before. Price has managed to close above it this time.
Its on verge of making ATH.
Long above 910-914 can give 930/947/960/974
Easy 10-15% Target is waiting for you.Cummins India
I think we have discussed same chart earlier too
But now finally start after too much consolidation
On longer Time frame(Weekly, Monthly) you will see some kind of Trendline Breakout and Retested And in shorter Time frame Inverse Head and Shoulder Pattern
Whatever it is you just buy above 915
With Sl 820
Tgt 950 1000 1050++
Buy cumminsIndia for the target of 980-990Buy CUMMINDSINDIA at 910 for the target of 980
A clear breakout of upper trend line with volume has been witnessed breaking a narrow channel it has been following since last 4 months
CUMMINSIND - SWING - Intraday - Triangle BOCUMMINS has broken out of a symmetrical triangle pattern. Looks good for entry above 915 for intraday on 4th Aug or Swing traders upon a retest of the TL.
