CUMMINSIND trade ideas
CUMMINSINDIA: Intraday Swing Trade: Condition Applied
There is a supply zone @ 395-405 in CumminsIndia. Friday it was managed to sustain in this zone.
It will be the Intraday swing trade for me once it will sustain above 405 for the target of its next supply zone @ 437-443.
If it will respect my trade plan then it may be a short turm position trade(1-5 days) trade for me.
condition: IF IT WILL NOT SUSTAIN ABOVE 405 THEN I WILL AVOID THIS TRADE.
short position opportunity,if cross down VWAPNSE:CUMMINSIND
Short opportunity can be confirmed if price cross down Vwap.
Bearish divergence observed.
not suggested to go against VWAP.
Good opportunity to short cumminsind.Good opportunity to short cumminsind at CMP. Do your analysis before get into this trade.
CUMMINS potential buy BUY THE STOCK ON EVERY DIP ALREADY IN ACTIVE BUY
POTENTIAL BUYING AREA 404 TO 420
SL 369
TARGETS
475
486 SHORT TERM
504
550 MEDIUM TERM
Again with CUMMINSIND, close eye of investors.
Talking about the long term is a reversal point for the close. The eyes of both investors and buyers should be on this stock for deep buying. Over-reaction, which is a little more down moves us a super entry point for the trader. 483 nearby are the best level for short term holding.
There's 2 targets for investor and swing traders.
First is easy which mentioned the chart.
2nd target is the gravitation target.
I will update shortly, small timeframe chart for this stock more clarity of entry and target point.
Do you remember the last trade on this stock ?
PROFIT made from this stock:
This was our ENTRY points:
You dont need indicators if you Master wave theory Well i am posting one more chart which is related to wave theory which i follow and practice in the trading of stock market
You can understand an visual out look of the stock after labeling , and you can expect the wave 3 termination visually look like an ending diagonal
Why it should look like an ending diagonal ??
The logic is simple When institutions tend to start pausing the market it has end in some sort of slow turning indication , and usually after all these deep move for days
to months the trend ends with narrow range , which has appeared in 95 % of the time as ending diagonal
i am looking the continuation of bearish trend , but i do not trade this last moments of the trend
the reason is simple , it will not have much need speed in the price move due to its long depressed move so far
Wait for termination of wave 3 before you think of trading this instruments
Right now its in fish market . Good luck
CUMINS IND MAKING A BULLISH PATTERN FOR 20-2-20CUMINS MAKING BULLISH PATTERN BUY ABOVE PRV DAY HIGH SL PRV DAY HALF OF THE BODY. TGT 1-2-% FROM ENTRY.
GOOD LUCK.. IF YOU LIKE THIS CHART YOU CAN FOLLOW ME ON YOUTUBE FOR DAILY UPDATE. AND ON TWITTER TOO @IMBHUWI .. YOUTUBE CHANNEL(DUMB TRADER ). YOU WILL LEARN MANY THINGS FROM MY VIDEOS AND PLS DONT FORGET TO LIKE AND SUBSCRIBE
Do you remember? 19% profit on CUMMINSINDI am just posting this because you can learn from work. How did I catch move?
Don't forget to give a LIKE on this post if you think its really nice.
Yeah, let me write one more line... I am not giving 1,2,3 steps targets... but directly saying /// always about move. ..
Huge Volume in Cummins India ! #BSE #NSE #NIFTy50What is the meaning of such a Huge Volume . Big Player entered ? Exited ? Or just Change of Hands ? Whether it is accumulation before a probable uptrend ? NSE:CUMMINSIND
