buy CUMMINSIND above 1000 TGT 1019/1040 SL 975
FOR LIVE
TRADING LEVELS WHATS UP ME
ON 09039542248
Primary trend of the CUMMINSIND is bullish and after giving
breakout of its range bound movement, it is forming continuation pattern in
short term charts, it is likely to continue the positive movement with the
breakout of the pattern at the levels of 1000 ; Overall trend of the stock is
bullish and after experiencing correction from the higher level. as the stock
is managing to trade above its 22& 55 and 200 days moving averages with the
RSI of 60, one may expect the targets of 1019/1040 in the stock if it manages
to sustain above the immediate support level of 975. 55 EMA can see as a strong
support at 950. it is likely to experience fresh buying with the crossing of resistance
level of 1000 . Today, CUMMINSIND closed above monthly pivot point levels. Pivot
point of 975 seen as a strong support on intraday charts.
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CHART FOR CUMMINSIND: