Cummins India: Near Multi years Breakout

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The stock has performed exceptionally well in the current market rally and now retraced to a level of 750-760.

Currently it is trying to make a base between 700-750 levels. once a daily candle is closed above 800 Levels with above average volumes which currently acting as resistance. Then a further rally can be seen to 1100 levels.

All levels are mentioned on chart. The perfect entry would be only after a strong closing above 800 levels.

DISC: For educational purposes only. Please consult your advisor before making any bet.
Trade ist aktiv
Stock has given closing above 800 levels now.
Anmerkung
Target 1 reached.
Chart PatternsCUMMINSINDTrend Analysis

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