CUMMINS INDIA NSE:​CUMMINSIND

buy above 792 for 876

.

I think we can see 800 soon if inverted HnS breaks out.

SL 779 TARGET 849 CMP 795

Cummins India is overbought >80 in daily, weekly and monthly tf making it ideal candidate to short. Short on PDL break.

#CUMMINS IND CASH 01 NOV 2018 LOOKS GOOD ABOVE 763 & ADD MORE ABOVE 770.10 STOPLOSS 748 TARGET 785-788/798-800 CMP 746.80

CUMMINSIND is on a third day long steak with gain of 10% and a GAP UP opening. GO LONG IN CASH MARKET ONLY. DO NOT RISK IN FNO Buy at 746.85 Stop-loss 728 Target 1 at 772 Target 2 at 824 Consult your financial adviser before investing.

downtrend

Levels mentioned in the chart!

.

Buy above 686 with the stop loss of 680. Targets are 692, 698 and 705

Sell below 651 with SL of 656 targets open

Completed Pattern : Bullish Shark Reason for setup : XABCD points are formed on 4 Hr charts & D is exactly sitting on multiple Support line Trade Plan : explained in charts Disclaimer : Educational purpose only not a recommendation

The ongoing downtrend is Wave2 of the fresh impulse started at 612. On both price wise and time corrections seem to be concluded, the stock may take a fresh start anytime soon. Expect Wave3 target of 980-1000 in the coming 3-6 months. The targets would be revised as the internal waves unfold. Maintain a stoploss below the recent low and buy.

Buy above 775 on closing basis. Cup and handle formation going on daily chart. Vijayaraghavan.K, Kovilpatti

Sell below 749 with the stop loss of 755. Targets are 743, 737 and 730

Ascending Triangle, Entry 762-766 Range for target of 788 Educational purpose.

#Intraday#RM-COMBINATION