CUMMINSIND ShortEntry price: 1110.1
SL - 1145
Target - 1075
Note: View shared for educational purpose only. Conduct your due dilligence before making any trading/investment decisions.
CUMMINSIND trade ideas
CUMMINSIND LongStock looks good for a move up at the break the plotted level
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
Double Bottom pattern in CUMMINSIND.The double bottom pattern seen in today's session has given a breakout in CUMMINSIND. However, if you enter 1055-1070, its long target will be 1148+ and stoploss will be 1030 in 1D timeframe.
CUMMINSIND
CMP: 1022
- Took support at 200ema multiple times
- Positive MACD crossover
- Going ahead, 1055-1060 will act as a resistance
- Above that double bottom breakout
- 1080: 61% - next Fibo level to watch
Long CumminsindStock Name: #Cumminsind
Action: Buy
Entry: 1022.50
SL: 996.10
Target: 1073.60
NSE:CUMMINSIND
Expecting a Bullish Move in CUMMINSIND As per the 2 Hour Chart of CUMMINSIND, we have witnessed a formation of a bullish engulfing on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 1001.85, 1017.85, and 1029.15. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 976.90, on closing basis.
Closing Price (as on 17.05.22) : 991.80
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
CUMMINS : Buy coming soon or already startedMy wave analysis suggest a nice buy coming soon or has already started..
Happy Trading.
Cummins India Chart Analysis !! 📈 Cummins India 📉
Today broke out from year 2021 high, 2017 high and approaching to all time high.
On Buy Side I am looking for Targets of 1190-100 zone.
StopLoss should be kept in 1005-1015 zone.
It offers 1:1 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Cummins India touching the early break out zoneCummins India touching the early break out zone. We have to closely watch the price action happens here and the broader market is also performing well, we can buy this stock.
Buy Today, Sell Tomorrow: CUMMINSINDDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline + Resistance Breakout in CUMMINSIND
Buy Today, Sell Tomorrow: CUMMINSIND
cummins indiastoch had break out and retest now ready for upmove can enter can enter now with sl below 1050 for target of 1150,1200,1250++
Cummins ShortKeep watching both lines. Its highly likely stock will fall but dont short in zone marked by blue lines. Best Luck
Cummins 1dtflook like retracement also done and have targets of 1032,1050 as market supports... Since it trade belows 980 makes good buying opportunity upto 925
CUMMINSIND Looks Good Again !!Previously all target achieved inclusive positional.
CUMMINSIND : cmp : 1109.4
A rounding bottom kind of pattern has been formed in weekly chart.
Closed above 1100.
Making higher highs for 3 days.
Buy on dips.
Accumulation zone :1030-1060
Profit booking zone may be : 1128 - 1148
SL 1008/According to your risk appetite.
Positionally can move 1240+
Sl 998 Dclbs
April Future as well as Option :April 1100CE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
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Cummins India At resistance NSE:CUMMINSIND
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Cummins India: bullish rounding bottom pattern***********
Pattern name: rounding bottom
Target: 1830
Stop loss: 877
Chart time period: 255 weeks
Total gain: 71%
***********
CUMMINS INDIA NSE:CUMMINSIND
CUMMINS has been bullish since the past few months and seems to be on path to move past its all time high levels. The stock can be a good buy at current levels to ride the upmove with SL at 900-910 levels.
CUMMINS INDIA GAVE A CUP AND HANDLE BREAKOUT CUMMINS INDIA gave a fresh CUP & HANDLE pattern breakout on weekly timeframe ,
.
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Factors Supporting this breakout :-
1) VOLUME BUILDUP :- From the last 3 week trading session where the price is increasing continuously the volume is also increasing which denotes strong hand buying by the traders.
2)MACD:- MACD is showing is a positive divergence and also currently placed above the center line .
3) Strong Weekly Bullish Candle .
So one can enter this trade with his/her 50% capital according to risk management for this stock and add rest if it retest the the breakout level .
our stoploss will below this week low that is 1018 , and i am leaving the target level upto you guys as it can really big .
This is only for educational purpose , excute trade only after doing your own research and according to your risk appetite .
HAPPY TRADING
