Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Points to Note: 1) breakout possible and new ATH is possible. 2) Chart looks good. 3) since its trading at high level safe traders please avoid just watch. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult...
#Freshview Dt. 04.05.2024 #CUMMINS INDIA CMP 3478+ Weekly Chart Continuous volume and accumulation were seen for a couple of weeks. The stock almost doubled in a year. Looks great on the above grounds. but profit booking is possible with a side wave price momentum Price Momenturm 2970-3180-3320-3460-3650-3780+ I hope for the best Stay connected #TEJGYAN
The chart is self-explanatory and is shared for educational purposes. CUMMINSIND stock is currently trading above the trendline post-consolidation phase. Additionally, it is trading above the moving averages of 50MA, 150MA, and 200MA. Considering these parameters, it is expected to move in an upward direction.
price and MACD showing continuous negative divergence inverted hammer in weekly charts target and SL marked
Study - 1. Highest traded volume in correction phase 2. Near 200 EMA a hammer candle visible 3. Multiple rejection and support found at red line pivot point Targets visible - T1- 8% from CMP T2 - 14% - 15 % from CMP This chart is only for educational purpose. Please do your own study before taking any trades
A close above 1250-12500 can give a move of about 100 points. It's trading near 2015 high and consolidating in a range. SL can be the orange TL.
CUMMINS INDIA (1D TF) - Swing Trade Analysis given on 11th Jan, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Breakout - Done ✓ - Volume Spike at Resistance - Done ✓ - Retracement & Consolidation - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #cumminsind
Break any side harizontel line take a trade. note* Entry after hourly candle close.
Price is currently testing its up-sloping trendline support. The current up-trend has also taken support at the previous peak, so price is likely to find support around 1700. The Weekly RSI is also testing its oversold zone of up-trend. We expect stock to continue its up-trend and test 2200. A Weekly Close below 1700 would negate this bullish view.
Cummins India Make a Good Breakout with Pullback & Now Ready For Continuation
CUMMINS breaking the range with good RSI macd crossover done EDUCATIONAL IDEA
CUMMINSIND is consolidating after recent block/bulk sell. RSI is slowly raising. Keep Stoploss at 1650 for a target of 1900
Cummins India Attractive Bullish View, Target 2110, 2380++ SL : 1662 Risk is yours and Reward is too yours totally
Cummins india broke and sustain 1933 level. It will be a Good support for next rally. Target is 2180. Forming cup and handle pattern.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
CUMMINSIND ready for a swift rise to the peak Hypermomentum Turns positional D and M in momentum Reaches Q1 RRg
Wait for the support to break. Target will be 10%.
NSE: CUMMINSIND is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...