Cumminsind 4hr chart clearly indicating of upside move, it has broken Bollinger Band and gave close above the previous resistance, RS Positive as well as there is gap in 3 period EMA & 9 Period RSI. until this gap do not fill upside move is pending. If at Monday (29th May 2023) hold their low for 1hr it will move further.
Buy Gail Above 109 SL Below : 105 Target : 115
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RALLIS INDIA as per daily chart pattern analysis after a brief consolidation is about to break 260 level and resistance is at 270 level. Once the stock breaks 270 level then uptrend momentum will begin for target 315 level.
Nifty as described by us earlier has been range-bound. Stay cautious on the long moves for bulls . Soon there is going to be a big fall of around 900 points at least.
Trading Strategy Plan A - Sell Close to 307-308 Highs -Once You get in 303-306 zone with strict stops above 308 Highs Plan B - Sell if Holds & Goes below 300 Plan C - Buy for Explosive Upside Target as suggested in "SBIN -Ulta Pulta Idea" Targets Target 1- 280 Target 2- 265-270 Thanks for checking the video & do support if you like the idea....