CUMMINSIND | Trendline breakout - Potential for 30%CUMMINSIND | Trendline breakout - Potential for 30%
CMP : 909 (Dip : 890)
SL : 820
Target : 1050, 1200
CUMMINSIND trade ideas
cummins indiait for short term to long term as we are considering weekly chart.it has formed a good flag pattern
and given a break out above resistance with good volume expansion.if the stock gives good bullish
confirmation at 937 that will be my entry and stop loss will be 835
CUMMINS : BreakoutStock has given a breakout in previous session & in today's session it has given closing above the previous resistance, confirming the breakout. One should go long on cmp with sl of 900 for tgt of 1000/1050.
SWING TRADE IN CUMMINS INDIAStock is in BULLISH Trend , 50 EMA above 200 EMA
Stock was gave a BREAKOUT from a major PRICE ACTION LEVEL and give the CONFIRMATION for the BULLISH move in coming days
Set STOPLOSS at 1099
Cummins BreakoutBO done above 935 today out of long consolidation range.
- Stop loss - 819 Target - 1120.
- RS rising into the positive zone.
*only for educational purpose not a recommendation
CUMMINSIND - Swing trade Opportunity Cumminsind -- strong breakout after months of consolidation -
Looking strong above 925 - backing up with good volumes on daily timeframe
Next res level - 1048 - Keep an eye on this level. Couple of times reversal happened at the same level in past.
Considering market sustaining above current levels - Good opportunity gor swing trade from 975 to 1045 levels.
Please do own research before investing.
CUMMINSIND NICE BO DONE WITH VOLUME AND SUSTAINED ALSO VERY WELLAs u see on Chart
Price formed Inverted Head & Shoulder Pattern and given nice Breakout of important Resistance level with huge volume and sustaining very well with continuously building up Volume
SWING TRADE OPPORTUNITY
BUY AT 950 WITH STRICT SL 875 FOR TGT - 1100+
Cummins India Inverse Head and Shoulder pattern completed.Cummins India Inverse Head and Shoulder pattern completed, expecting a higher movement
Potential target is Rs 1065 within 6 months time frame
Keep SL below 850 level on daily closing basis
Do your own analysis before investing
buy above given levelafter breakout retracement seems over. hopefully will second attempt to go up will begin here
CUMMINSIND Looks Good !!!CUMMINSIND : cmp : 944.75
Trading near the BO levels. If surpass and sustains above 953 level a fresh momentum may be seen in the short term.
Making higher highs for 3 days.
RSI trending up.
So keep on radar !!
TGT may be 968/987
SL 919.5 clbs
Option Strategy : Buy AUG 940CE/960CE
OR
Sell Aug 920PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
CUMMINSIND Already GIVEN a long ago. HNS breakout + PULLBACK both are done. One can see to ADD-ON or fresh position for at least MID TERM.
CUMMINSIND : inverse head & shoulder technical breakout buy ...CUMMINSIND : CMP 857.95
trade set up :
1.buy above 858 .
2.keep stop loss as 815 on closing basis.
3.targets : 908/935/970+
4.( buy / targets ) based on inverse head & shoulder breakout.
5. volume near breakout price are on higher side.
CUMMINSIND 1D FOR SWINGAs per my finding, I feel once the green candle touches resistance it will go up. An hourly retest has been done. By Friday we can expect a green candle to settle above resistance.
CUMMINS | LOOKING GOOD BUY ABOVE 950The stock has given the breakout and looking a good buy if sustains above 950 tomorrow for the marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Multiyear breakout on weekly time frame | CUMMINS INDIANSE:CUMMINSIND
Multiyear breakout on weekly time frame for CUMMINSIND.
it is for mid to long term term holding.
Good closing by Cummins indCummins India closed good above a resistance zone after recovering from lower trendline. Can be good above 951 for intraday long trade. Follow strict risk management.
Inverted Head and ShoulderStock has shown very good accumulation in last few months. Buy for longterm.
#CUMMINS good momentum breakout candidate#CUMMINS good momentum breakout candidate. all timeframes are bullish. watchout for green close above the possible inverse headandshoulder pattern .here too momentum divergence are concern and therefore keep tight stoploss
