CUMMINS INDIA - TRENDLINE BREAKOUT Positional Long

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

Kommentera:

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.