Huge Volume in Cummins India ! #BSE #NSE #NIFTy50What is the meaning of such a Huge Volume . Big Player entered ? Exited ? Or just Change of Hands ? Whether it is accumulation before a probable uptrend ? NSE:CUMMINSIND
CUMMINSIND trade ideas
WATCH MY CALL OF CUMMINSTOUCHES THE TARGET 2
WATCH MY PREVIOUS CALL.
FOLLOW ME TO GET SUCH IDEAS.
LIKE MY POST IF IT HAS HELPED YOU
CUMMINSIND LONG VIEWPrice Ranging In a channel.
Price is on the verge of crossing daily resistance.
Increased Volume on last day.
Also its nearing results, which are expected to be good...
Positional trade can be taken...Levels given...
Long Above 601, SL 591,
Target 611/615/625
CUMMINSINDCMP CUMMINSINDCMP 595.15
TARGETS 617 , 635 , 643
STOPLOSS 579 DAY CLOSE BASE
APPROX DURATION 15 DAYS
Long Set UpI am looking this as one of the opportunity for long trade for next move up
One can wait for price to drop and reverse near the entry price level mentioned in the chart and look to book near the forecast
using trailing stop
INVERTED HEAD AND SHOULDER BREAK OUT IN CUMMINS INDIAPLEASE GO THROUGH MY EARLIER POST FOR CUMMINS INDIA
Look for target 2 in cumminswatch my earlier post of cummins india.
it is also supported by inverted head and shoulder break out
The eyes of both investors and buyers should be on this stock.Talking about the long term is a reversal point for the close. The eyes of both investors and buyers should be on this stock for deep buying. Over-reaction, which is a little more down moves us a super entry point for the trader. 495-505 are the best level for short term holdin g.
I will update shortly, small timeframe chart for this stock more clearity of entry and target point.
Cummins displaying strength, may face resistance near...Cumminsind stayed strong and managed to register a close above an important pivot level. 600 will serve as another resistance in the coming week above which the stock can rally hard "bohot hard" Also noticing an inverse H&S in the stock. The swing of right shoulder can be kept as a stop loss. The RSI has started moving into the 60's and MACD is above the zero line. The momentum is painting a positive picture.
CUMMINS INDIAnow the market going to correctional wave,
may be it will reach (Immediate tgt 574 &
possible tgt 602.90 to 617.50)..
