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.
CUMMINSIND trade ideas
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).
long setup in cumminsindCUMMINSIND (daily-75min)
pcd can be seen
and a short term correction in lower time frame
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 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
