CUMMINS DOUBLE BOTTOM BREAKOUTCummins breaking double bottom pattern
with volume spike,bullish rsi
trading above 20ema
#target 3900-4150
sl 3400,depending on ur risk management
EDUCATIONAL IDEA
Next report date
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Report period
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EPS estimate
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Revenue estimate
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70.35 INR
17.21 B INR
89.66 B INR
134.61 M
About CUMMINS INDIA LTD
Sector
Industry
CEO
Shveta Arya
Website
Headquarters
Pune
Founded
1962
ISIN
INE298A01020
FIGI
BBG000CV9LR2
Cummins India Ltd. engages in the manufacture, design, and distribution of diesel and alternative fuel engines. The firm also offers electronics, emission solutions, filtration, fuel systems, and turbo technologies. It operates through Engines and Lubes segments. The Engine segment consists of Cummins India Ltd. and other Group companies. The Lubes segment comprises of a joint venture including Valvoline Cummins Private Ltd. The company was founded in 1962 and is headquartered in Pune, India.
Consolidation Breakout Potential with Strong EarningsAnalysis:
Cummins India has been in a consolidation phase over the past three months, building a solid base. Today, the company reported its quarterly results, showing a significant profit increase of approximately 36%, which indicates strong fundamentals and could trigger an upside breakout. This s
CUMMINSIND#CUMMINSIND is ready to fly,,
there is higher probability we can see good in move from
here in Intraday only...
I am expecting 50-80 points rally in it..
Please follow strict stop loss
better trade in next week future and options contracts
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 b
CUMMINS - Weak?Going by the structure of the Cummins, I believe the price action is getting weaker.
If the price doesn't sustain the lower border of the triangle, expect the downward momentum to gain strength.
Cummins - short for 15 %on weekly charts ,
price facing rejection rejction at 3900 level for past 6 months
H&S pattern formation
price breached 18 week EMA and this week 18 week EMA is a confirmed resistance
MACD s are negative
Target and SL marked
Cummins India Swing Idea (Long)Cummins India is looking for breakout due to following reason :
1) Swing Low are shifting upper side
2) Double Bottom pattern / W pattern
3) Ascending Triangle pattern formation
4)Trading above 20,50 & 200 EMA on daily chart
(Note: I am neither responsible for anyone's profit or loss nor I'm a se
CUMMINSIND Support & Resistance #CUMMINSIND
TIME FRAME :-- DAY
Looking Good above.3900
Keep SL _______ 3800
Target _._ 4100
Support & Resistance Levels
CUMMINSIND NSEHello,
I would like to share some trading information regarding Cummins India. It appears to be forming a bullish pennant pattern on the weekly timeframe. While an early entry at current levels may carry some risk, traders may consider allocating 25-50% of their desired position size and gradually
Cummins stock is ready for breakout?Cummins stock is trading near the high resistance zone area. There is a very high probability that the stock would break the resistance zone. Buy 50% qty @ 3870 and add more qty around 3880 after the clear breakout. This shows a strength in the stock. Also, the long-term trend is positive. Target ne
See all ideas
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Frequently Asked Questions
The current price of CUMMINSIND is 3,282.25 INR — it has decreased by −1.53% in the past 24 hours. Watch CUMMINS INDIA LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CUMMINS INDIA LTD stocks are traded under the ticker CUMMINSIND.
CUMMINSIND stock has fallen by −8.35% compared to the previous week, the month change is a −10.46% fall, over the last year CUMMINS INDIA LTD has showed a 76.28% increase.
We've gathered analysts' opinions on CUMMINS INDIA LTD future price: according to them, CUMMINSIND price has a max estimate of 4,658.00 INR and a min estimate of 2,250.00 INR. Watch CUMMINSIND chart and read a more detailed CUMMINS INDIA LTD stock forecast: see what analysts think of CUMMINS INDIA LTD and suggest that you do with its stocks.
CUMMINSIND reached its all-time high on Jun 25, 2024 with the price of 4,171.90 INR, and its all-time low was 31.45 INR and was reached on Jul 26, 2001. View more price dynamics on CUMMINSIND chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CUMMINSIND stock is 2.03% volatile and has beta coefficient of 0.89. Track CUMMINS INDIA LTD stock price on the chart and check out the list of the most volatile stocks — is CUMMINS INDIA LTD there?
Today CUMMINS INDIA LTD has the market capitalization of 914.36 B, it has decreased by −3.79% over the last week.
Yes, you can track CUMMINS INDIA LTD financials in yearly and quarterly reports right on TradingView.
CUMMINS INDIA LTD is going to release the next earnings report on Feb 5, 2025. Keep track of upcoming events with our Earnings Calendar.
CUMMINSIND earnings for the last quarter are 16.30 INR per share, whereas the estimation was 14.26 INR resulting in a 14.35% surprise. The estimated earnings for the next quarter are 16.63 INR per share. See more details about CUMMINS INDIA LTD earnings.
CUMMINS INDIA LTD revenue for the last quarter amounts to 24.92 B INR, despite the estimated figure of 22.46 B INR. In the next quarter, revenue is expected to reach 28.09 B INR.
CUMMINSIND net income for the last quarter is 4.49 B INR, while the quarter before that showed 4.63 B INR of net income which accounts for −2.86% change. Track more CUMMINS INDIA LTD financial stats to get the full picture.
CUMMINS INDIA LTD dividend yield was 1.26% in 2023, and payout ratio reached 61.22%. The year before the numbers were 1.53% and 56.43% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 5.09 K employees. See our rating of the largest employees — is CUMMINS INDIA LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CUMMINS INDIA LTD EBITDA is 20.38 B INR, and current EBITDA margin is 19.48%. See more stats in CUMMINS INDIA LTD financial statements.
Like other stocks, CUMMINSIND shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CUMMINS INDIA LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CUMMINS INDIA LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CUMMINS INDIA LTD stock shows the buy signal. See more of CUMMINS INDIA LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.