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CUMMINSIND

Cummins India: Near Multi years BreakoutThe stock has performed exceptionally well in the current market rally and now retraced to a level of 750-760. Currently it is trying to make a base between 700-750 levels. once a daily candle is closed above 800 Levels with above average volumes which currently acting as resistance. Then a further rally can be seen to 1100 levels. All levels are mentioned on chart. The perfect entry would be only after a strong closing above 800 levels. DISC: For educational purposes only. Please consult your advisor before making any bet.
NSE:CUMMINSINDLong
by trade_opportunities
6
Cumminsind multi-time frame + supply zone+ parallel channel In 15 mins stock is nearby its lower trendline, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also standing on nearby supply zone. In 2Hrs timeframe it has formed a parallel channel and also nearby 50 ema. The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
NSE:CUMMINSINDShort
by ReeAishw
Cumminsind | Trendline & Ascending Triangle BO at same time 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy Above =593.85 or CMP --Target = 745.45 | 871.45 --Stop-loss = 530.10 --Lot Size =1200 --R:R = 4.35 --Expected Profit = 3,32,000 ₹ per lot (46 % ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) Longterm trendline break with good volume 2) Ascending triangle break with trendline 3) Retracement is probaly done 4) Targets is based on the resistance areas Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:CUMMINSINDLong
by ReviveTraders
18