Cummins - Bullish tradeStock is in uptrend, i.e. making higher highs and higher lows.
Made rounding bottom patterns, gave a breakout from symmetrical triangle pattern and finally cracked 2018 highs.
Stock did a retracement with market correction, took support from first support level and looks like a good buy at CMP. Add more units when price breaks 1045 on higher side, Stock has potential to touch 1200 and make new highs in next 6 months timeframe.
Cant see any near by stop loss, I don't think stock will go below 850-900 levels in normal market conditions.
