Review and plan for 20th March 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
CUMMINSIND trade ideas
Review and plan for 10th March 2025Nifty future and banknifty future analysis and intraday plan.
Few stocks analysed.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 7th March 2025Nifty future and banknifty future analysis and intraday plan.
Few stocks included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Cummins India LongEntry- 2805-2810. ( Any dip till 2780 will be a buying opportunity)
Support- 2650
Target- 2950, 3000
Pattern- Looking great for a reversal from hereon. Making a bullish engulfing on daily chart and a sort of triple bottom around 2600 levels.
Disclaimer- This is just for education purpose please take advice from your financial advisor before making any decision.
Jai Shree Ram.
CUMMINSIND: Set to Surge for Options Play? 🛡️ Price: Around **2808 INR** (currently) – Consider scaling in if it reaches the **Retracement Zone of 2750-2720 INR.**
🎯 Target: **3138-3150 INR** (Target Zone for Options Trades)
🛑 Stop-Loss: **Hourly close below 2720 INR**
🤔 Why this trade?
✅ Approaching retracement zone – potential strong support.
✅ Potential for a good Risk/Reward.
💡 Pro Tip: The chart shows a clear downtrend followed by a retracement. If the price consolidates within the retracement zone and shows **bullish divergence** on indicators like **RSI** or **MACD**, it could signal a potential reversal. **Watch for a break above the short-term downtrend line** for additional confirmation before entering.
⚠️ Risk/Reward Calculation (Example - You MUST calculate your own based on YOUR entry):
Let's assume entry at **2750 INR** (top of the retracement zone) and the defined stop-loss of **2720 INR**:
🔹 **Potential Gain (using midpoint of target zone):** 3144 - 2750 = **394 INR**
🔹 **Potential Loss:** 2750 - 2720 = **30 INR**
🔹 **Risk/Reward Ratio:** **394 / 30 = Approximately 13.13:1**
📢 Important:
🚨 This is just an idea, **not financial advice.**
⚠ **Trading has risks – you could lose money.**
🧐 **Do your own research before making any trades.**
#Nifty #StockMarket #Trading #TechnicalAnalysis #DayTrading #SwingTrading #Investment #MarketAnalysis #StocksToWatch #BullishSetup #Nifty #BankNifty #GIFTNIFTY
Review and plan for 7th February 2025Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Analysis of the Cummins India Ltd. (CUMMINS)Analysis of the Cummins India Ltd. (CUMMINS) Chart:
Key Observations:
Resistance and Breakout Zone:
The chart highlights a significant resistance level at ₹3,600–₹3,620, which the stock is currently testing.
A downtrend line (dotted) also converges near this zone, making it a critical level to watch. A breakout above this trendline would confirm a bullish move.
Support Level:
The ₹3,262 level acts as a strong horizontal support zone. The stock has tested this level multiple times, indicating solid buying interest at this level.
Targets Identified:
Target 1: ₹3,883.75 — This is the next key resistance zone if the stock breaks out above ₹3,620.
Target 2: ₹4,106.45 — This level represents the next significant hurdle based on prior highs.
Consolidation Phase:
The stock has been consolidating in a range between ₹3,262 and ₹3,620 for the past few months, creating a base for a potential breakout.
Targets:
Short-term:
A breakout above ₹3,620 can lead to a move toward ₹3,883 (Target 1).
Sustained momentum beyond ₹3,883 can aim for ₹4,106 (Target 2).
Medium-term:
If ₹4,106 is breached, the stock could head toward ₹4,200–₹4,300 in a strong bullish scenario.
Trading Plan:
Entry:
Enter on a breakout and sustained close above ₹3,620 with volume confirmation.
Stop Loss:
Place a stop loss at ₹3,500 (below the breakout zone) to manage risk.
Target Levels:
Short-term target: ₹3,883.
Medium-term target: ₹4,106.
Pullback Opportunity:
If the stock retraces to ₹3,500–₹3,550 and holds, it could provide a better risk-reward entry point.
Conclusion:
Cummins India Ltd. is at a critical resistance zone. A confirmed breakout above ₹3,620 can signal the start of a bullish move, with immediate targets of ₹3,883 and ₹4,106. Monitor the price action and volume near the resistance for confirmation.
CUMMINSIND : Cummins India- Ready to Fire Up?🚀 🚀
The stock is approaching a critical support zone at ₹3,125 - ₹3,190, aligning perfectly with the Golden Retracement (61.8%), 200-SMA, and an ABC corrective Wave C pattern. 🔥
📊 What to Watch:
1️⃣ Support Zone: ₹3,125 - ₹3,190.
2️⃣ Breakout Target 1: ₹3,336 (trendline resistance).
3️⃣ Target 2: ₹3,648.
4️⃣ Final Target Zone: ₹4,010 - ₹4,108 (if momentum sustains).
📈 Reversal Signs:
Look for bullish patterns like hammer candles or bullish engulfing supported by rising volume at ₹3,125. Volume spike = 🔑 confirmation!
❌ Stop-Loss: ₹3,100 (keep risk in check).
💡 Pro Tip: Liquidity sweep zones often spark big moves—watch closely! This could be a low-risk, high-reward setup! 💥
#Tags:
#CumminsIndia #StockMarket #ElliottWave #TechnicalAnalysis #SwingTrading #PriceAction #StocksToWatch #GoldenRetracement #TradingView #NSE #IndiaMarkets 🚀
Will the bulls take charge? Let me know your thoughts! 👇
Cummins is ready to fall downwww.tradingview.com
• Speed reflects the market's momentum, and Money Flow measures the directional movement of capital within the market
when the Money Flow is bearish, and Speed crosses the threshold, a red triangle appears at the top, indicating a bearish trend.
The indicator setup also highlights unusual volume candles for additional confirmation:
• Blue candles signal unusual bullish volume.
• Pink candles indicate unusual bearish volume.
CUMMINS iNDIA LONGCummins
MTF Analysis
Cummins Yearly Demand Breakout 2045
Cummins 6 Month Demand BUFL 2045
Cummins Qtrly Demand Breakout 3025
Cummins Monthly Demand Breakout 3036
Cummins Weekly BUFL 3466
BOM Daily DMIP 3437
ENTRY 3437
SL 3383
RISK 54
Target 4877
REWARD POINT 1440
Last High 4157
RR 26.67
RR 42%
Cummins India Attaining ATH levels again and going Beyond levels3400 should be the SL. The target should be the ATH (4175) and beyond. Just follow the trendline for long-term investment.
I am just a researcher and have a hobby of researching stocks & other things. So I request all to please check with your financial advisor for deep analysis for the stocks which is been told here.
Thanks and Happy trading.
Buy at zone - swing pickENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
Cummins India: Breakout Above Resistance Fuels Bullish ContinuatCummins India has followed a dynamic path, initially riding an ascending trend line, entering a phase of consolidation, and now breaking above key resistance to continue its upward trajectory. This breakout is a significant bullish signal, indicating strong buyer interest and potential for further gains. Traders should monitor for stability above this new resistance-turned-support level, which could pave the way for continued bullish momentum.
CUMMINSIND- Analysis
For 1-2 years holding
Entry range 2413 to 2640 or buy above 2640
Stop loss of closing below - 2035
Long term Targets 3277 to 3228, or 3672 to 3751
Intermittent Important levels - 2812 to 2835, 3016 to 3052, then 3510 to 3446
Please do your due diligence before trading or investment.
*Comment or message me if you wish to see my analysis for any stocks.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
12% upside move incoming in Cummins IND!The stock is ready to move up into the INR 2220-2250 in minor wave III.
The stock completed the Wave I structure between Nov-Dec.
The current wave count is I-II-i-ii-i-ii and the stock has multiple waves yet to unfold.
Projected area for Wave III is INR 2220-2300.
On the downside the low of INR 1927 is a crucial support to watch out for.
Major Positional Profit Booking levels.Hey Folks..! Hope you all had a great year and i wish you have a wonderful year ahead...
I have marked all the profit booking levels for the year, anyone who is holding any positions should be cautions at these levels...
In case you have a bullish view that treat these levels as a further breakout levels...
This analysis is my personal opinion and do not consider as an investment advice.