Cummins good long candidate
Updated
Cummins cmp 471
Deep crab pattern formation
Counter trading falling channel pattern.
counter is trading in 91 weekly cycle for peak to peak formation
and 88 weekly cycle for bottom to bottom formation.
RSI have given long term breakout from falling resistance trend line.
counter can be bought at cmp and also on dips,, view gets negated below 420 levels
up side 550--600-650-700 levels possible
Deep crab pattern formation
Counter trading falling channel pattern.
counter is trading in 91 weekly cycle for peak to peak formation
and 88 weekly cycle for bottom to bottom formation.
RSI have given long term breakout from falling resistance trend line.
counter can be bought at cmp and also on dips,, view gets negated below 420 levels
up side 550--600-650-700 levels possible
Trade closed: target reached
Cummins recommended around 470 and 430 levels now at 587 all should book profit call closed
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