CUMMINS INDIA - TRENDLINE BREAKOUT Positional Long

22 Kas 2020

Price gave a breakout on weekly basis from a long running trendline on daily basis it has crossed the previous swing high and formed a higher high indicating a change in trend looks good for positional long at current price and on pullback view changes with closing below 465 on daily closing basis

29 Kas 2020

Not

Stock has already given more than 15% returns from the level suggested can be held for 630 target with trailing stoploss using either 5 ema or 9 ema on daily closing basis.