CUMMINSIND trade ideas
[Positional] CUMMINSIND: Chanel BreakoutAs per chart.
Long only on trigger.
SL will be updated post any trigger.
DD ADvised.
F&O Stock - Expecting Breakout ✌✌This scrip is ready to fly as it is on the verge of breakout. So traders keep on your radar to catch the momentum.
Cummins India Multi Year BreakoutCummins India has given multi year breakout on monthly chart. And previous resistance has become support now.
Cummins IndiaRetested trendline breakout, initiate long
Good volumes seen
RSI at levels of 61
Hold for target - 1093
Support at 735
CUMMINS CAN GO LONG WHEN PRICE REACHES 781.00
ENTRY 781.00
STOPLOSS 753.9
TARGET 934.25
THIS IS FOR EDUCATIONAL PURPOSE TRADE WITH YOUR OWN RISK
Cummins India - Channel BreakoutCummins India had taken a good breakout from the channel pattern, Give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Descending Parallel ChannelNSE:CUMMINSIND
Notes :
Descending Parallel channel started around 17th March
To be on the safe side, I would confirm breakout only if the most recent swing high is crossed (at 858). However, for intraday, the immediate target after breaking the channel can be kept at the same level.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
CUMMINSIND | On the verge of CUMMING 💡 💡
Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Cummins India Ltd - 16.06.2021Cummins India Ltd - 16.06.2021
The stock has made a double top @ 852
breakout is expected above 855
prices are above ema
watch out
On the verge of breakout ✌✌This scrip forms Flag Pattern and is expected to move further. So traders keep on your radar to catch the momentum and enjoy the profit.
THE GENSET WILL NOT DELIVER SUFFICIENT POWER FOR SOMETIME Clearly wave C is pending.Can initiate short with sl. according to one's own method for downside TGT.
