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Cumminsindanalysis

Potential Channel Breakout: Cummins India Near 3950Details: Asset: Cummins India Limited (CUMMINSIND) Breakout Level: Above 3950 Potential Target: Significant upside potential beyond 3950 Stop Loss: Below 3950 or as per risk tolerance Timeframe: Medium-term Rationale: Cummins India has been consolidating for months and is now nearing the critical breakout level of 3950. A successful breakout from this channel could lead to a substantial upward move, making it a stock to watch closely for potential big gains. Market Analysis: Technical Setup: The stock has been consolidating in a channel and is approaching the breakout level of 3950. A breakout above this resistance could trigger strong bullish momentum. Consolidation Phase: The prolonged consolidation suggests that the stock is building strength, and a breakout could be a signal for an extended upward trend. Price Target: The breakout above 3950 could lead to a significant move higher, with further upside potential as the stock gathers momentum. Risk Management: A stop loss below 3950 is recommended to protect against downside risk in case of a failed breakout or market reversal. Timeframe: The expected breakout and potential move higher could unfold over the medium term, though the actual timing depends on market conditions and the strength of the breakout. Risk-Reward Ratio: A favorable risk-reward setup, with limited downside risk near the breakout level and significant upside potential if the breakout occurs. Keep a close eye on Cummins India for a possible breakout, and be prepared to act based on technical signals and market conditions.
NSE:CUMMINSINDLong
by CyborgTradingHub
CUMMINS INDIA - Swing Trade Analysis - 7th August #stocksCUMMINS INDIA (1D TF) - Swing Trade Analysis given on 7th August, 2024 Pattern: SYMMETRICAL TRIANGLE SETUP - Strong Pullback candle from Support Trendline - Done ✓ - Weekly Volume buildup near Resistance Trendline - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress Please Note: - This is an early entry to give for a better RR - Resistance Trendline Breakout - In Progress * Disclaimer
NSE:CUMMINSINDLong
by TradeRyteStockz
Short Term Trading Opportunity in Cummins India for > 15% upsideHi, NSE:CUMMINSIND has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:CUMMINSINDLong
by raigvivek
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.
NSE:CUMMINSINDLong
by kunal_finner
4
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.
NSE:CUMMINSINDLong
by nikunjbhadja
Expecting a Bullish Move in CUMMINSIND As per the 2 Hour Chart of CUMMINSIND, we have witnessed a formation of a bullish engulfing on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 1001.85, 1017.85, and 1029.15. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 976.90, on closing basis. Closing Price (as on 17.05.22) : 991.80 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:CUMMINSINDLong
by alokdaiya
Cummins India Chart Analysis !! 📈 Cummins India 📉 Today broke out from year 2021 high, 2017 high and approaching to all time high. On Buy Side I am looking for Targets of 1190-100 zone. StopLoss should be kept in 1005-1015 zone. It offers 1:1 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:CUMMINSINDLong
by ShelendrAgrawal
Cummins India At resistance NSE:CUMMINSIND 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). 📌 As One can see, This Pattern has Been Made on Bigger Time ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:CUMMINSINDShort
by linesandlevels