CUMMINSIND NSE BULLISHVIEW ABOVE 1160 CMP 1178CUMMINSIND NSE is bullish if 1160 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
CUMMINSIND trade ideas
Cummins IndiaCummins made cup n handle pattern on hourly charts & comfortably trading above breakout levels with good volumes.
Could be bought with mentioned stoploss & targets.
CUMMINS for SWINGCUMMINS IND is showing positive divergenceand also a falling wedge patten.
Buy, SL, Target all levels are on chart.
Cummins IndiaABCD Pattern activated on hourly timeframe.
For little more confirmation we need to wait for 1030 level.
Above 1030 we can see 1070 in Cummins India.
I am expecting it to reach target in 1-2 Trading session i.e.
till 06/07/2022.
Cumminsindia view for tomorrowCummins India view for tomorrow
Ascending channel continuation for tomorrow....
CUMMINSIND CUMMINSIND - Channel support accompanied by 200 ema support
One can go long with a SL of 950.
Trade FNO with covered call.
Buy futures @ cmp, SL 970
Sell 1040 CE @ cmp, SL 17
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.
Buy CUMMINSINDStock gave breakout from descending triangle pattern!
Can be bought @cmp for target of 1065.
Take SL at 840.
R:R is 2.22 if bought at 910.
CumminCummins broke out of descending channel on an hourly + daily charts with good volumes.
Could be bought with mentioned stoploss & targets
CUMMINS INDIA is best stock for intraday 25/3/2022CUMMINS India stock is best sock for intraday on 24 March
the stock has crossed its resistance and it has taken support
therefore, you can try this stock and earn high returns upto 2-5%
😀😀
Cummins India Ltd.*Cummins India Ltd.*
Cup & Handle Pattern: Weekly/Monthly Basis
Rectangular Consolidation BreakOut
Price BreakOut/Volume Consolidation & Now Built-Up
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Co. is part of Cummins Inc. Group USA. Designs, manufactures, distributes and services diesel and alternative fuel engines.
Demand outlook is improving across end markets. Pent-up demand
expected to play out for a few months.
Started building prototypes for hydrogen application and is participating in Govt. tenders.
Improving Qtrly Sales/ Yrly Sales improving on TTM Basis.
Stable/Improving Profitability.
Low Equity. Strong TNW. Negligible Debt. High C&CE.
Strong Ops. Cash Flows. Stable WC Cycle. Double Digits RoA/RoE/ROCE
FII stake increasing since Sep'20.
Dividend Paying Co.
*Concern:*
High PE. DII Stake reduced.
Supply chain constraint related to semi-conductors is still impacting revenues
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
CUMMINSINDNSE:CUMMINSIND
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Cummins BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
STOCK ANALYSIS CUMMINS INDIA FOR 15 DAYSGood evening friends we are today sharing our view on Cummins India and its bullish above 1000 level can show good move i.e. 100+ points move in 15 days. for detailed analysis kindly watch video and provide feedback.
Regards.
Cummins IndiaCumminsind is trading above its strong support zone of 918-920 & also trading above its 50% fib retracement levels of 935.95.
Buy with mentioned stoploss & target & revised target of 990.
Cummins India ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
CUMMINS IND 1D TFBreaking the trendline as well as previous resistance zone.
Good to enter at this point.
SL :- 920
Target :- 1064+
R:R :- 1:1.3
CUMMINS INDIA looks goodLevels and reasons on charts.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
CUMMINSIND AnalysisReasons to Trade: 1.Ascending Triangle Pattern(Bullish)
2.Long Buildup
3.RSI>60(Strong Momentum)
Resistance Zone: 992-996
Upside Targets: 1000,1009
Support Zone:985-987
Downside Targets:976.8,969.8
