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2021 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
17 Fri Sep 1007.70 1039.00 1041.15 996.75 9.04 lakhs
16 Thu Sep 1032.05 1040.15 1048.95 1025.05 4.56 lakhs
15 Wed Sep 1041.30 1041.90 1050.65 1037.70 3.94 lakhs
14 Tue Sep 1038.65 1045.00 1049.30 1026.75 4.81 lakhs
13 Mon Sep 1044.15 1050.00 1055.00 1035.00 4.49 lakhs
CUMMINSIND chart

My analysis of stock is bearish for shortterm, and stock might move down till 991.2 or till 961.3. Use a stoploss of 1016.08 and if the stock hits stoploss, then it can shoot up till 1040.98

  • 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

  • Daily Price action analysis of CUMMINSIND based on a 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.

Intraday technical analysis of Cummins India

Stock is trading at 1015.00 as on 20 Mon Sep 10:35

Day open is at 1007.70, day high is at 1022.50, day low is at 995.20, and day volume is at 19.15 lakhs so far.

First 15 minute high low range is 995.20 - 1007.70

First hour high low range is 995.20 - 1022.50

Date Intraday Price Open High Low Volume
20 Mon Sep 10:35 1015.00 1007.70 1022.50 995.20 158961
20 Mon Sep 10:30 1015.65 1007.70 1022.50 995.20 156355
20 Mon Sep 10:25 1016.80 1007.70 1022.50 995.20 153797
20 Mon Sep 10:20 1017.50 1007.70 1022.50 995.20 151510
20 Mon Sep 10:15 1017.80 1007.70 1022.50 995.20 149048
Intraday CUMMINSIND chart

Prices of Cummins India are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Cummins India (CUMMINSIND) intraday stock price targets

  • EntEntry: 1001.45 or 1010.5875
  • Upside target: 1007.7
  • Downside target : 982.7
  • Second Upside target: 1024.43
  • Second Downside target : 980.03

Cummins India (CUMMINSIND) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 1007.70 1050.00 996.75
1055.00
26.836 lakhs
09 Thu Sep 1044.00 1025.00 1021.00
1064.45
36.794 lakhs
03 Fri Sep 1025.95 980.00 980.00
1049.40
41.981 lakhs
27 Fri Aug 980.00 1000.00 971.75
1022.40
41.991 lakhs
20 Fri Aug 992.05 983.00 975.50
1034.75
79.164 lakhs
weekly CUMMINSIND chart

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

Weekly Price action analysis of Cummins India based on a short 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.

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
17 Fri Sep 1007.70 1000.00 996.05
1064.45
93.983 lakhs
31 Tue Aug 999.15 852.95 852.95
1034.75
385.557 lakhs
30 Fri Jul 852.40 904.95 821.60
910.00
153.316 lakhs
30 Wed Jun 899.50 791.10 771.75
904.85
324.995 lakhs
31 Mon May 786.90 832.00 747.00
869.00
334.789 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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: 1069.7
  • Upside daily target: 1016.6

Cummins India Weekly stock price targets

  • Upside weekly target: 1075.95
  • Upside weekly target: 1014.05
  • Downside weekly target: 964.36
  • Downside weekly target: 900.96
  • Downside weekly target: 849.95

Cummins India Monthly stock price targets

  • Upside monthly target: 1107.85
  • Upside monthly target: 1033.16
  • Downside monthly target: 980.4
  • Downside monthly target: 926.05
  • Downside monthly target: 881.2
  • Downside monthly target: 835.63
  • Downside monthly target: 792.8
  • Downside monthly target: 736.68
  • Downside monthly target: 654.34
  • Downside monthly target: 619.18
  • Downside monthly target: 573.95
  • Downside monthly target: 531.85

Cummins India (CUMMINSIND) indicators technical analysis

Price action analysis of Cummins India (CUMMINSIND) 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.

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

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

Cummins India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Cummins India in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 1035.25 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 positive

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

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