CUMMINS INDIA LTD TARGET 1791CUMMINS INDIA already monthly breakout in raising wedge. if it opens above 1347 and sustain above in weekly close , it will reach 1791. Stop loss 1116
CUMMINSIND trade ideas
Cummins India Cmp 1293 dated 30-10-2022 RECTANGLE BOCummins India Cmp 1293 dated 30-10-2022
1. Rectangle Pattern Bo @ 1290
2. Price Rise with Volume Rise
Buy @ Cmp for target 1350-1415 SL 1250
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Cummins BO and strong results#Cummins looking very good at 1320
Good breakout for previous high. Can be takne for 1500/1700
7 Swing trades in this Bull market and Index Idea for 31 OctI daily make educational content videos for financial markets
Cummins India BullishCummins India seems Flag breakout in weekly concentrate if price sustain above 1296 in 4hrs
Cummins India - Very BullishThis stock looks very positive for an up move. As per Fibo levels it should reach 1500+ levels shortly. One can easily accumulate in all dips.
Bullish flag pattern breakout in CUMMINSIND. CUMMINSIND
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 1590+.
📈 Can Go Long in this stock by placing stop loss below 1225 or last swing low.
📈 Breakout this can give risk:reward upto 1:6+.
Diwali pickHi everyone!
As we already know that few months back auto sector has given breakout from its cup & handle pattern, after giving beautiful breakout in last 2 months it has corrected a bit and now taking support near its breakout level. RSI is also giving signals for strength at current level, so the sector to go long this Diwali would be Auto. Now zooming-In, in Auto sector we have to choose stocks which will be major contributor in coming rally. Some stocks like M&M and TVS were the leaders during last up move and gave almost 60-70% rally in last 4 to 5 months, they still have potential to move 30-40% on upper side but it is not suitable for fresh entry as risk to reward will not be suitable. "CUMMINSIND" is one stock looking strong and supposed to lead from front in coming rally in auto sector, it is near its cup & handle breakout level and formed a beautiful triangle pattern, RSI is also giving positive signals. Lower side risk would be only 7% and is supposed to go up to 2000 which would be 70% from current level, i.e., we will be getting risk : reward of 1:10.
Stay safe!
Happy Diwali.
CUMMINS LongLooks good for a small swing up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
symmetric triangle breakoutCUMMINSIND cmp 1248 symmetric triangle breakout stock sustain above 1256 can test 1288-1370-1500++
CUMMINSIND - SWING TRADE The stock is consolidating in a range for over a month BUY If sustain above 1258 target is 1290
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
FUNDAMENTAL INFORMATON ABOUT COMPANY :-
Cummins India Ltd. engages in the manufacture, design, and distribution of diesel and alternative fuel engines. The firm also offers electronics, emission solutions, filtration, fuel
Cummins Short Side below 1210if loses below 1210, Entry to get target up to next demand zone.
Disclaimer: I am not SEBI registered, This analysis is purely educational purpose.
Cummins India at Accumulation ZoneCummins India is one chart that one should look to accumulate after the recent breakout. I have marked a stop loss in this chart for traders. Looks very good for the medium term.
CUMMINS INDIA | Trend Line breakoutCUMMINS INDIA has given the trend line breakout after trying to three times to break out the 1020 level.
A target of 1200 is expected within a few months.
Stoploss would be 1000 and can be trailed accordingly.
When to wait & when to enterStock like this mostly takes support & works well on R1 breakout. Traders should wait until R1 breakout.
CUMMIINS INDIA MONTHLYCummins India already break a major resistance and trading above is is showing good volumes on weekly and monthly charts and positive on Bollinger bands too, will be trade if break and close next resistance on monthly basis so adding in watchlist
cummins chart looking strongcummins india gives a weekly close over life time high on closing bases . as per fibbonacci extention the next target is arround 1700 on weekly chart.
CUMMINS INDNSE:CUMMINSIND
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
CUMMINSIND - LONG - 1425 TARGET (16% upside)CUMMINSIND has given cup and handle breakout at 1150 level. We can expect a target of 1300 and then 1425 levels
Next Week Buy Cummins IndiaW pattern, then retest, alligator up, volume is above vol-sma, long buildup (in conjecture with price up).
