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2022 Cummins India (CUMMINSIND) technical analysis [forecast] stock price targets

Cummins India technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Cummins India deals in Industrial Machinery Cummins India option chain analysis

Date Close Open High Low Volume
25 Tue Jan 929.40 888.20 933.70 877.20 7.36 lakhs
24 Mon Jan 896.10 920.00 927.75 888.90 8.99 lakhs
21 Fri Jan 921.30 948.00 948.00 910.00 5.27 lakhs
20 Thu Jan 948.05 964.00 964.00 940.55 17.94 lakhs
19 Wed Jan 964.55 988.00 991.90 950.80 12.99 lakhs
CUMMINSIND chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 926.4 as stoploss in an intra day buy trade for a target of 951.59. However, stock will show a bearish move below 926.4.

  • Daily Price action analysis of CUMMINSIND based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of CUMMINSIND based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

  • Daily Price action analysis of CUMMINSIND based on a mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Intraday technical analysis of Cummins India

Stock is trading at 905.90 as on 27 Thu Jan 10:50

Day open is at 928.45, day high is at 928.45, day low is at 899.85, and day volume is at 11.75 lakhs so far.

First 15 minute high low range is 914.20 - 928.45

First hour high low range is 899.85 - 928.45

Date Intraday Price Open High Low Volume
27 Thu Jan 10:50 905.90 928.45 928.45 899.85 112651
27 Thu Jan 10:45 905.10 928.45 928.45 899.85 107074
27 Thu Jan 10:40 905.10 928.45 928.45 899.85 100992
27 Thu Jan 10:35 904.55 928.45 928.45 899.85 88072
27 Thu Jan 10:30 904.90 928.45 928.45 899.85 83693
Intraday CUMMINSIND chart

Trend of Cummins India is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Cummins India (CUMMINSIND) intraday stock price targets

  • EntEntry: 921.33 or 918.5
  • Upside target: 928.45
  • Downside target : 899.95
  • Second Upside target: 959.8
  • Second Downside target : 903.3

Cummins India (CUMMINSIND) weekly technical analysis

Date Weekly Close Open Range Volume
25 Tue Jan 929.40 920.00 877.20
933.70
16.355 lakhs
21 Fri Jan 921.30 998.00 910.00
1025.85
49.697 lakhs
14 Fri Jan 986.85 940.00 934.95
1018.00
30.555 lakhs
07 Fri Jan 943.55 942.35 906.00
958.20
17.916 lakhs
31 Fri Dec 941.80 915.00 910.60
947.45
13.041 lakhs
weekly CUMMINSIND chart

Weekly forecast of Cummins India is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Cummins India based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Weekly Price action analysis of Cummins India based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Cummins India (CUMMINSIND) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Tue Jan 929.40 942.35 877.20
1025.85
114.522 lakhs
31 Fri Dec 941.80 880.00 878.45
1000.95
133.951 lakhs
30 Tue Nov 878.50 896.00 842.00
939.00
131.798 lakhs
29 Fri Oct 895.70 987.80 849.50
987.80
382.423 lakhs
30 Thu Sep 991.95 1000.00 932.00
1064.45
141.555 lakhs
monthly CUMMINSIND chart

Monthly forecast of Cummins India is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Cummins India based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Monthly Price action analysis of Cummins India based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Cummins India Daily stock price targets

  • Upside daily target: 1027.43
  • Upside daily target: 978.23
  • Downside daily target: 922.33
  • Downside daily target: 873.08

Cummins India Weekly stock price targets

  • Upside weekly target: 1043.95
  • Upside weekly target: 989.45
  • Upside weekly target: 941.79
  • Downside weekly target: 882.09
  • Downside weekly target: 839.48

Cummins India Monthly stock price targets

  • Upside monthly target: 1107.85
  • Upside monthly target: 1032.63
  • Upside monthly target: 980.4
  • Downside monthly target: 927.41
  • Downside monthly target: 881.2
  • Downside monthly target: 835.63
  • Downside monthly target: 792.8
  • Downside monthly target: 705.95

Cummins India (CUMMINSIND) indicators technical analysis

Price action analysis of Cummins India (CUMMINSIND) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cummins India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Cummins India in short term but the sell signal is initial and weak.

Cummins India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cummins India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Cummins India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 957.08 and Cummins India CUMMINSIND stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cummins India CUMMINSIND stock. Volume based technical analysis of Cummins India CUMMINSIND stock is negative.

Cummins India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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