Cummins IndiaRetested earlier breakout
On trendline breakout, initiate long above 867
RSI at levels of 54
Hold for targets of 907, 934, 986
CUMMINSIND trade ideas
Cummins India 3 Year 9 Months "TREND LINE" Broken On MONTHLY TF3 Year 9 Months Trend Line Broken
On Daily, Weekly & Monthly
CMP - 666, BUY AT CMP & ON DIPS
SL - 550 (MONTHLY CLOSING BASIS)
TARGET - 880/1000+++
#CUMMINSIND looks to be eligible counter for breakout above 900#CUMMINSIND looks to be a eligible counter for breakout above 900
It has been staying the box for 800-900 Box since last 3 months and for the last few days it is staying in the top of the range attempting a breakout
The volume support has been increasing in the recent past
The counter has making highers highs for while now and nearing its recent BO point
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
CumminsInd - Resistance BreakOut PossibilityCumminsInd:
Looks Ready to break Strong Resistance
Long above 915 with a SL 898
short term picklarger volume in daily chart. After breaking the resistance it will fly to target1 and target2
Cummins channel BO RSI down trend BONSE:CUMMINSIND
might see reversal from 930-950 level
can add small qty now and add more near 880-890
SL 815
above 940
T 980, 1010, 1050 & 1110
Cummins IndiaCummins India - Cmp 862
Breakout candidate. Looks good for long if sustains above 858 with 810 sl on clbs for targets of 904/934.
cummins india - buy on dipsBuy from cmp to 844
easy target 900
Disclaimer : This is my personal analysis for study purpose not intended for trading
CumminsInd maybe a start of uptrendCumminsInd broke out of channel pattern. Looks like a buying oppurtunity.
Inverse head and shoulder pattern#inverseheadandshoulderpattern
Inverse head and shoulder pattern on daily chart Time frame
Happy Learning
FY21-22 Swing Trade Idea #103: Long on CUMMINSINDThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
buyBuy above 876 stop loss 810 on daily closing basis for target of 1010 and 1044.
Disc : It's not an investment advise to buy or sell
CUMMINS BREAKOUT!!!CUMMINS GAVE A WONDERFULL FALLING WEDGE/ DOWNWARD PARALLEL BREAKOUT IN 1 D TIME FRAME , CAN GO LONG FOR THE TARGET OF 900 AND 930
BUY ABOVE -870
TARGET-900/930
Cummminsind buy opportunityCummminsind looking good to buy .volume support with trendline break. Target and stopploss on the chart.
CUMMINS INDIA Breakout TradeNSE:CUMMINSIND Levels already mentioned.. Look for swing..
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Cummins ind good buycummins ind very good descending channel breakout and also forming inverse head and shoulder
