Cummins India chart analysis for intraday and swing trading. green line is support line of day time frame
cumminsind 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
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Horizontal 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 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.
Its 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...
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 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
Cummins India chart analysis for intraday and swing trading
CUMMINS 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.
After an exponential rise the stock is back on its trend line taking a strong bounce on the trend line and 747 support as well. Good consolidation since it hit high on 1st April. Likely upside of 933 coming soon. Can be bought in parts at CMP and then again when it take support from trend line. Price has multiple supports at 20 and 50 EMA followed by trend line...
about to break previous high. moving averages in support. possible reversal
Retested earlier breakout On trendline breakout, initiate long above 867 RSI at levels of 54 Hold for targets of 907, 934, 986
3 Year 9 Months Trend Line Broken On Daily, Weekly & Monthly CMP - 666, BUY AT CMP & ON DIPS SL - 550 (MONTHLY CLOSING BASIS) TARGET - 880/1000+++
#CUMMINSIND looks to be a eligible counter for breakout above 900 It has been staying the box for 800-900 Box since last 3 months and for the last few days it is staying in the top of the range attempting a breakout The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note :...
NSE:CUMMINSIND might see reversal from 930-950 level can add small qty now and add more near 880-890 SL 815 above 940 T 980, 1010, 1050 & 1110
Cummins India - Cmp 862 Breakout candidate. Looks good for long if sustains above 858 with 810 sl on clbs for targets of 904/934.
#inverseheadandshoulderpattern Inverse head and shoulder pattern on daily chart Time frame Happy Learning