[CUMMINSIND] PRICE ACTION !As per charts, After bulls rally took a halt and again price may go high Plan accordingly.
CUMMINSIND trade ideas
Don't diddle in the middleThis is my trading journal, not a trade recommendation. Will be Posting and updating the ideas regularly as market progresses, only for educational purposes for me and others who want to benifit from my experince. I will be taking trades both ways, as and when market gives opportunity, hence keeping the investment strategy as Neutral.
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Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Cumminsind on the verge of long breakoutOne can long from current level with the support of 450 level on closing basis
CUMMINSIND Elliott Wave Theory PerspectiveDo not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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Long CumminsIndNext Block Buster:
Positional Call:
Buy range : 450-460
SL: 420
Targe : 510/550/600/630+
CUMMINS INDIA SWING BUYcummins india is trading above its rising trendline. It can be bought for swing wsl 430
CUMMINSIND - Intraday Trading Setup for 19 Aug 2020Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
Breakout at least resistance in CUMMINSINDCUMMINSIND gave a great breakout through the line of least resistance.
BUY@456, SL@413, TARGET1@578, TARGET2@620.
All the best guys
Follow for more amazing breakouts and hit a like.
-MOHIT RAJANI
Cummins Ind Chart Pattern !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 5-6 Times
Cummins Ind Ltd. - Breakout from Pennant After trading for 4 months in the range, it is approaching the upper end of the pennant , may be a good risk reward
Cummins - Cup and Handle breakoutCummins broke the cup and handle pattern today. Facing resistance at 100ema above that could be a good buy. Levels mentioned on the charts.
BULLISH CYPHER PATTERNWAIT FOR THE 50MA & 200MA BREAKOUT, THEN IT WILL HIT THE TARGETS (only for educational purpose)
CUMMINSIND @ Crucial support, may take a reversal from here !CMP : 378
SL : 363
Target : 413
RSI Bullish divergence at Trendline Support
Stock Analysis of Cummins Ltd.CUMMINS – CMP - ₹419.10 Dt. – 08-08-2020
On a daily chart, the price is taking the support of trend-line and bounces back. As you can see the price has moved upside after the price touch the trend line on 16th July 2020. Price is above 21DEMA and 50 DEMA. On 7th August the price gave the closing above the resistance level which was placed at ₹416.90.
I personally feel that stock will come down in a couple of trading session and will give an attractive risk-reward ratio for swing trading. If the stock moves up from the next session and sustains above the horizontal line for a few days, then the stock can go up to ₹440.75.
Indicators like MACD and CCI have given a buy signal.
Cummins india can give good bullish move in intradayCummins india can give good bullish move in intraday, wait and see for the breakout ,then for the retracement ,then enter.
CUMMINSIND - Intraday Trading Setup for 3 Aug 2020All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor.
