Cummins India seems to be in accumulation. The price formed a hammer on 200 moving averages and took liquidity from the previous support zone. The volume expansion was massive but the market structure is still Bearish. It's too early to say about the follow-up but it would be a good ambush entry if someone is willing to take the risk. Targets: 805, 865,...
1 . Cummins india looking good above 813, buy for the targets of 821 and 828 with stoploss-808 2. Weak below 804, have a sell position below 804, for the targets of 798 and 791, with sl -809 3. trade will remain void if opens big gap down or big gap up.
cummins india looking strong above 779 for the targets of 787, and 797, sl- 771 and weak below -767 for the targets of 758 and 750 , sl - 774 big gap up then leave thetrade
If this resistance zone breaks for below don't sell directly ..... but can buy here for a low-risk high-reward trade ..... Hold for the BO of ascending triangle BO then take upper tgts too .... positional setup will be activated :) Happy trading
If closed a pinbar on Day charts from here till mkt closing initiate a buy with only 1.5% risk which is opening price of today's ..... tgts will be 5% first tgt if above trendline broken = 10% can be achieved :) Happy trading
The stock is taking support from the blue trend line and expected to take a bounce towards 930 levels. In case it breaks the trend line, then we may see 750-760 zone soon. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The stock has formed Bearish candle on a daily time-frame and looks good to sell if sustains below 844. Please refer to the chart for Targets and SL. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Updating my target in my previous recommendation of cummins. Buy At CMP - 787.75 & On Dips SL - 685 (WEEKLY CLOSING BASIS) TARGET - 985/1100+++
Buy if sustains above 800 for the targets of 840, 880, and 920 until 765 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
result of Cummins India chart analysis
After many years its broken the trend, now its moving towards the target of 647/783
Emp - 615 Any Weekly Close Above 653 Grab It Strict SL - 515 (Weekly Closing Basis) Target - 885/985
Buy if sustains above 617 for the targets of 635 and 650. Happy Trading! InvestPro India Team
Cummins india has broke range and is trading on 565 levels. Buying targets till 580 stops at 560 targets 568 573 575 and 580 as finals
Invest your money into market on this auspicious occasion . the levels are given.
NSE:CUMMINSIND | (Positional/Long Term Trade.) Entry:- Below 450 to 435 Stop Loss :- 468 to 480 or (According To You) Target:- 1st:- 418 2nd:- 375 3rd:- 330 (Risk Must Be Managed.) Keep Your Eyes On Index Give Me A Thumbs Up...👍 😜Follow For More ✔ --Any Suggestions--
Note: This is for educational purpose only. There seems to be a bullish hammer at resistance turned support. Buy above the high of the hammer.