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.
CUMMINSIND trade ideas
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
NOW THE DAILY CHART it took resistance at r1 and r2 but now we can see bo
but as I said if it breaks down the trendline avoid this
but if it crosses and closes above 919 in 1 hour time frame
entry-ABOVE 919
TGT-985 (sharp fall from this levels)
SL-900
TRENDLINE It take support from the trendline(T1)
each and every time it touched the trendline it bounced back
if it breaks down entry is not recommended
but if it crosses 919 we ecpect 985 as our tgt
CUMMINSIND POSITIONAL TRADE SETUPCummins India is making ascending traingle.
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So if the stock give breakout above triangle target will 940-960.
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If it goes below trendline then we can see the sharp selling. But I think volume is high,
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There is less chances to go bearish.
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What's your view on this comment below in the box.
CUMMINSIND H&S PATTERN EXPECTING MOVE UPWARDS
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CUMMINSIND heading for big BOAfter last upmove #CUMMINSIND consolidating almost 5+ month.
It tried multiple times to sustain above 900 but failed each time. Finally now it sustaining above 900 plus it give highest weekly closing after March 21.
Long entry can be initiated at this level with SL of 820. For safe player wait for daily candle close above 925.
Target - 1200+ All time high.
Cummins India chart analysisCummins India chart analysis for intraday and swing trading. green line is support line of day time frame
cumminsindcumminsind ready after inverse head and shoulder
target is drawn in picture
time period is definetely undefined because we have to learn to react in market not to predict
learn to react not to predict
cummins india The stock is in the formation of head and shoulder pattern and right now forming a right shoulder...with good volumes seen at the bottom...entry , tgt and sl are as memtioned in the chart
CUMMINSINDAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
Swing Opportunity in Cummins IndiaGo Long above 866 for Targets of 914 and 962 with SL 818
Reason to go Long :
1. The stock was in an uptrend earlier and then it was trading in a channel. The stock gave a breakout with good volume. Now it can continue its previous trend (uptrend).
2. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
CUMMINSIND | Small wedge breakout opportunity - 11%CUMMINSIND | Small wedge breakout opportunity - 11%
CMP : 833
SL : 800
Target : 920
Almost 1:3 risk reward setup
Similar to our recent JKTYRE setup
CUMMINS LONG TRADEHorizontal Breakout Can Be Seen in Cummins. Ascending Triangle Pattern in Making. 820 Seems to Be a Good Support. Slight Resistance At 926-938 Level
CUMMINS IND Inverted H&S CUMMINS IND is forming an inverted head and shoulder pattern on a daily time frame. could be played short-term for the neck, risky players can wait for neck breakout for targets up to 1120.
Zone 800-820 is a good support zone. Entry here would be ideal.
