CUMMINSIND trade ideas
Buy Cummins India Short Term Trading Advice by Goodluck Capital
Buy Cummins India
Buy Range- 3930 - 4000
Target- 4250 - 4300
StopLoss- below 3720
Potential Return- 7-8%
Approx trade duration 12 - 14 days
Cummins 1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
Short Term Trading Opportunity in Cummins India for >15% UpsideHi,
NSE:CUMMINSIND has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Cummins india ready for fall i am going to sell on rise Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
CUMMINSINDThe chart is self-explanatory and is shared for educational purposes. CUMMINSIND stock is currently trading above the trendline post-consolidation phase. Additionally, it is trading above the moving averages of 50MA, 150MA, and 200MA. Considering these parameters, it is expected to move in an upward direction.
CUMMINSIND 23-04-2024Happy 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 your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Continuous volume & accumulation were seen for a couple of weeks#Freshview Dt. 04.05.2024
#CUMMINS INDIA CMP 3478+
Weekly Chart
Continuous volume and accumulation were seen for a couple of weeks.
The stock almost doubled in a year.
Looks great on the above grounds. but profit booking is possible with a side wave price momentum
Price Momenturm
2970-3180-3320-3460-3650-3780+
I hope for the best
Stay connected
#TEJGYAN
cummins- short for 10 %price and MACD showing continuous negative divergence
inverted hammer in weekly charts
target and SL marked
CUMMINSStudy -
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
Cummins India Daily TFA 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.
CUMMINS INDIA - SWING TRADE - 11th January #stocksCUMMINS 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
CUMMINSIND HOURLY CHARTBreak any side harizontel line take a trade. note* Entry after hourly candle close.
CUMMINSIND
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 BREAKING THE RANGECUMMINS breaking the range
with good RSI
macd crossover done
EDUCATIONAL IDEA
Consolidating with raising RSICUMMINSIND is consolidating after recent block/bulk sell. RSI is slowly raising.
Keep Stoploss at 1650 for a target of 1900
Saucer Pattern In daily chartCummins India
Attractive Bullish View,
Target 2110, 2380++
SL : 1662
Risk is yours and Reward is too yours totally
CUMMINSINDCummins india broke and sustain 1933 level. It will be a Good support for next rally. Target is 2180. Forming cup and handle pattern.
Amazing breakout on Weekly / Daily Timeframe - CUMMINSINDCheckout 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 amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
