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! 👇
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! 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.