CUMMINSIND - Bull Flag - Swing Trade for Life-time High LevelsThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
For understanding how to trade a Bullish Flag Structure, refer to the ideas linked below.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management .
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Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
CUMMINSIND trade ideas
CUMMINS INDIA ::: BULLISH :::DATE: 10 JUNE 2021
INSTRUMENT: CUMMINSIND
TREND: BUY
TIME FRAME: DAY
CMP: 839.60
BUY ABOVE: 845
STOP LOSS: 807
TGT 01: 868
TGT 02: 907
DISCLAIMER:
We are not S E B I registered analysts.
Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Cummings IndiaCummings India is strong support at 750 but it moves to its next high 943 from here it is traded in range bound From 800 to 910. So we can accommodate at lower and sell at higher for swing trade.
I am not registered Sebi advisor so try to invest after consulting with your financial advisor.
This is my only educational views.
Cumminsind buy side viewCUMMINSIND LOOKS BUY NEAR 770 WITH SL BELOW 741 TGT 1 : 818 TGT 2: 842
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain. This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses