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CUMMINSIND

CUMMINSINDIA ::: SHORT13 May 2020 INSTRUMENT: CUMMINSINDIA TIME FRAME: I HOUR OTHER TIME FRAMES FOR CONFIRMATION: 1 HOUR & 2 HOUR. INDICATORS AND THEIR TRENDS: PSAR: Bearish STOCHASTICS: Bearish SUGGESTED TREND: Bearish Technical levels CMP: 19618 Sell below: 361.10 SL: 364.75 TARGET 01: 360.25 TARGET 02: 358.81 My analysis of CUMMINSIND is expected to continue its downtrend for some time now. On day time frame Stochastic & PSAR have confirmed the bearish trend. The Bearish trend is confirmed in 1 HOUR & 2 HOUR time frames. If it closes below 358.81 on the end of day time frames we may also see 349.50 to 346.30 levels also RISK DISCLOSURE: Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS the views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NSE:CUMMINSINDShort
by ajithchand-bhandaari
CUMMINSIND GAP DOWN AND BOUNCEInstrument: CUMMINSIND Time frame: 4 hours indicators: Stochastics: bearish PSAR: bearish My analysis: Expecting CUMMINSIND to gap down / sink to 371 - 354 on Monday. Once it starts retracing back upwards would like to buy above 366 to 371 keeping the so below the low of the day for targets 379 - 386. RISK DISCLOSURE: Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NSE:CUMMINSIND
by ajithchand-bhandaari