CLOSED

CUMMINSIND
Manually Closed

833.4 4.95%
Close Price
(2021-04-20 10:15:54)
794.1
Entry Price
(2021-03-01 11:45:00)
950
Target Price
 
765
Stoploss
 
Enter below 795 | Created on 2021-03-01 06:12:16 and valid till 2021-05-09 18:30:00

Trade rationale

RSI

Monthly : Last month stock gave a breakout from a falling trendline. Weeky: Cummins has crossed 0.5 (688) levels of fibonacci retracement in weekly time frame and is heading for 0.618 and 0.786. Daily : In Daily time frame, after giving a breakout at 647 stock is consolidating in a tight range and can move to 1000 levels which is just above 0.786 fibonacci retracement.