price and MACD showing continuous negative divergence inverted hammer in weekly charts target and SL marked
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...
Buy Cummins India. Cmp 1336 Buying Zones - 1336/1250/1160/1050 SL - 945 ( Monthly Closing Basis ) Target - 2200
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.
CUMMINSIND Attractive chart setup.........................................................
Strongly trending "……………….trgts 1175",,,,,,,,,,,,,,
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%.