CUMMINSIND trade ideas
Flag Pattern Breakout in CUMMINSIND for Target of 723+CUMMINSIND showing Bullish flag pattern breakout. If it trading above 610 then we will see the quick next target of 652. According to the chart pattern, the projected target will be 723+
Possible Trade:
Buy CUMMINSIND Above 610
Stop-loss 585
Target 652 723+
CUMMINSIND 1DTHE STOCK IS IN BULLISH TREND
THE STOCK GAVE A BULLISH BREAKOUT OF THE FALG PATTERN ON DAILY CHARTS AND THE RETESTING IS ALSO DONE
THE TARGETS AND STOP LOSS ARE ON CHARTS
CumminsInd View-Flag Pole BreakoutCumminsInd:
Flag Pole Breakout
Long above 602 for 625, 650 with a SL 580
#CUMMINSINDIA #BREAKOUTTRADE #PRICEACTIONTRADING #MULTITIMEFRAMEMULTITIMEFRAME TO BE CHECKED FOR DIFFERENT UPSIDE BREAKOUT, REVERSAL AND UPMOVE
CUMMINSIND, SIMPLE THINGS IN PRICE ACTION CAN LEAD TO BIG RESULTAll level mentioned on chart
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Thanks
Piyush Gupta
Cummins Activated!Cummins India has formed a cup and handle pattern and has also broken through the TL. One can go long above the TL to see 600 in the short term and even 610 in the days to come.
Flag and pole Pattern in MINSINDHow to Trade a Flag Pattern
Entry : Even though flags suggest a continuation of the current trend, it is prudent to wait for the initial breakout to avoid a false signal. Traders typically expect to enter a flag on the day after the price has broken and closed above (long position) the upper parallel trend line. In a bearish pattern, the day after the price has closed below (short position) the lower parallel trend line.
Stop Loss: Traders typically expect to use the opposite side the flag pattern as a stop-loss point.
Profit Target: Conservative traders may want to use the difference, measured in price, between the flag pattern’s parallel trend lines to set a profit target.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Cummins Indian investment opportunity Invest your money into market on this auspicious occasion .
the levels are given.
Cummins may retrace from supply zone on daily time frameCummins may retrace from supply zone on daily time frame
