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.
CUMMINSIND trade ideas
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
Cummins IndiaCummins made butterfly pattern & also broke out of strong resistance zone of 965.
Could be bought here with mentioned stoploss & target.
Cummins IndiaCummins breaking off resistance with decent kind of volumes.
Buy with mentioned sloss & tgt.
Broke It's Major ResistanceIt has crucial resistance @940. Since it has broken this level, there is a probability that stock might go up.
Target and Stop-loss are mentioned in the chart.
"Note: Above Ideas are for study purpose only, Please Consult your financial advisor before taking any position"
CUMMINSINDNSE:CUMMINSIND
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Cummins 15min chart Ascencding Triangle 07 Dec 2021Cummins 15min chart forming a Ascencding Triangle pattern. Watch out for breakout. 07 Dec 2021
CUMMINS INDIA SWING TRADECummins has consolidated for long 2months now and a strong chance of upside breakout awaits as the tredline has been respected. So buy above 935 for target of 1100. Follow the channel pattern.
Cummins 1hr Chart Symmetrical Triangle 15 Nov 2021Cummins 1hr Chart formed Symmetrical Triangle. Watch out for breakout and retest 15 Nov 2021
CUMMINSINDNSE:CUMMINSIND
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Cumminsind- Reverse from Fib ratioExpected reversal from .786 (Price=878) fib ratio.
CMP=903
T1=1041T2=1136
SL=821
CUMMINSINDNSE:CUMMINSIND
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Cummins INDI found really good opportunity in this stock!
It's on the horizontal line which was resistance Line then after breaking horizontal line now it is support zone
CUMMINS - POC assisted reversal in Polarity.1. Regular Bullish divergence.
2. 50 EMA support.
3. POC support.
4. Morning star like pattern.
The follow up should be good.
Triangle breakoutBeautiful triangle pattern breakout happening in monthly time frame, still two trading days left for the candle to close, but looks unlikely for it to become a shooting star. You never know. Well, ideal entry would be in next month on retest of the trendline, for 20% upmove in 2-3 months, and 7-8 % stoploss. Let's see.
Long in Cummins IndiaThis scrip had broke the supply zone and it had Retested it too, perfect set-up to long this scrip. Swing traders may consider to long this scrip and may have their SL below the supply zone or beloe 21EMA. Have first target of Rs.1100 (11%)
inverted head and shoulder pattern in cumminshorizontal resistance breakout
volume breakout
inverted head and shoulder pattern on daily time frame
higher low pattern
supportive trendline lower
RSi 68
buy at CMP for target of 975
