Long

1 ธ.ค. 2019

Cummins India has a strong support in the zones of 532-536. Furthermore, it has formed a "spinning top" pattern at the end of a downtrend. If the support is sustained, the next upward target would be 560-565 followed by 590 and 630. For day traders, in case of a gap down around the support levels and sustenance of those levels will be a good day to go long. (Volume support required) In case of a gap up, previous day's Low/high re-testing and sustenance is required to go long.