Stock Name: #Cumminsind Action: Buy Entry: 1022.50 SL: 996.10 Target: 1073.60 NSE:CUMMINSIND
As per the 2 Hour Chart of CUMMINSIND, we have witnessed a formation of a bullish engulfing on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 1001.85, 1017.85, and 1029.15. Whereas, on the other...
My wave analysis suggest a nice buy coming soon or has already started.. Happy Trading.
Cummins India touching the early break out zone. We have to closely watch the price action happens here and the broader market is also performing well, we can buy this stock.
stoch had break out and retest now ready for upmove can enter can enter now with sl below 1050 for target of 1150,1200,1250++
Keep watching both lines. Its highly likely stock will fall but dont short in zone marked by blue lines. Best Luck
Breaking out of the zone above 1064, the 5 year price high of 1094.95 last achieved on 2 May 2017, broken. 7 year price high of 1247.65 last achieved on 3 Aug 2015 can act as immediate target and resistance. Probable target: 1373 Keep a stop loss of 5-8%. Note: Not a buy and sell recommendation, do your own study and consult your financial advisor
NSE:CUMMINSIND 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
*********** Pattern name: rounding bottom Target: 1830 Stop loss: 877 Chart time period: 255 weeks Total gain: 71% ***********
Previously all target achieved inclusive positional. CUMMINSIND : cmp : 1109.4 A rounding bottom kind of pattern has been formed in weekly chart. Closed above 1100. Making higher highs for 3 days. Buy on dips. Accumulation zone :1030-1060 Profit booking zone may be : 1128 - 1148 SL 1008/According to your risk appetite. Positionally can move 1240+ Sl 998...
NSE:CUMMINSIND CUMMINS has been bullish since the past few months and seems to be on path to move past its all time high levels. The stock can be a good buy at current levels to ride the upmove with SL at 900-910 levels.
CUMMINS INDIA gave a fresh CUP & HANDLE pattern breakout on weekly timeframe , . . Factors Supporting this breakout :- 1) VOLUME BUILDUP :- From the last 3 week trading session where the price is increasing continuously the volume is also increasing which denotes strong hand buying by the traders. 2)MACD:- MACD is showing is a positive divergence and also...
cummins india has given a good breakout from channal and also has crossed previous high as shown we can enter as per our rik management . We can expect a good move from here.
cumminsind swing idea,all details given in the chart,trade your own risk
📈 Cummins India 📉 Today broke out from year 2021 high, 2017 high and approaching to all time high. On Buy Side I am looking for Targets of 1190-100 zone. StopLoss should be kept in 1005-1015 zone. It offers 1:1 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you...
Moving out of Range with good volume TGT - 1150 &1300+(Positional) SL - 950 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be...
Must Accumulate for 1500-1600 levels within 12-15 months time Very good quality Stock. Don't Miss at Current Levels.
Buy CUMMINS INDIA above 1065. It has formed a CUP& HANDLE pattern.