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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
16 Wed Jun 848.90 845.95 855.40 833.60 20.98 lakhs
15 Tue Jun 846.55 834.00 850.00 826.45 15.81 lakhs
14 Mon Jun 829.90 835.50 835.50 811.10 6.73 lakhs
11 Fri Jun 833.10 843.90 843.90 830.20 11.3 lakhs
10 Thu Jun 839.60 826.65 844.80 826.60 18.07 lakhs
CUMMINSIND chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 839.5, but if it comes below 839.5, then a intra day sell could be more profitable.
If you take a sell trade below 839.5, then use 839.5 as stoploss and 816.48 as target. However if you take a buy trade in stock , then use 839.5 as stoploss and 867.1 as target.

  • Daily Price action analysis of CUMMINSIND 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.

  • Daily Price action analysis of CUMMINSIND based on a short to mid term time period is

  • Daily Price action analysis of CUMMINSIND based on a mid 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.

Intraday technical analysis of Cummins India

Stock is trading at 843.25 as on 17 Thu Jun 10:35

Day open is at 848.90, day high is at 848.90, day low is at 836.20, and day volume is at 30.1 lakhs so far.

First 15 minute high low range is 836.20 - 848.90

First hour high low range is 836.20 - 848.90

Date Intraday Price Open High Low Volume
17 Thu Jun 10:35 843.25 848.90 848.90 836.20 256745
17 Thu Jun 10:30 843.35 848.90 848.90 836.20 253403
17 Thu Jun 10:25 841.45 848.90 848.90 836.20 248558
17 Thu Jun 10:20 843.20 848.90 848.90 836.20 236862
17 Thu Jun 10:15 844.00 848.90 848.90 836.20 232716
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: 842.55 or 848.325
  • Upside target: 848.9
  • Downside target : 823.5
  • Second Upside target: 863.05
  • Second Downside target : 841.25

Cummins India (CUMMINSIND) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 848.90 835.50 811.10
855.40
43.514 lakhs
11 Fri Jun 833.10 811.00 808.50
844.80
68.608 lakhs
04 Fri Jun 810.70 789.50 771.75
820.90
63.507 lakhs
28 Fri May 791.05 835.35 747.00
854.00
164.481 lakhs
21 Fri May 833.50 817.95 796.10
866.55
70.845 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

Cummins India (CUMMINSIND) Monthly technical analysis

Date Monthly Close Open Range Volume
16 Wed Jun 848.90 791.10 771.75
855.40
161.456 lakhs
31 Mon May 786.90 832.00 747.00
869.00
334.789 lakhs
30 Fri Apr 837.60 929.50 804.00
934.25
155.55 lakhs
31 Wed Mar 919.65 782.20 782.20
925.00
342.245 lakhs
26 Fri Feb 787.75 664.90 654.25
822.00
360.591 lakhs
monthly CUMMINSIND chart

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

Monthly 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.

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: 863.05
  • Downside daily target: 821.9

Cummins India Weekly stock price targets

  • Upside weekly target: 886.55
  • Downside weekly target: 842.73
  • Downside weekly target: 798.45
  • Downside weekly target: 715.53

Cummins India Monthly stock price targets

  • Upside monthly target: 993.73
  • Upside monthly target: 893.98
  • Upside monthly target: 850.93
  • Downside monthly target: 810.33
  • Downside monthly target: 771.5
  • Downside monthly target: 721
  • Downside monthly target: 676.05
  • Downside monthly target: 619.18
  • Downside monthly target: 573.95
  • Downside monthly target: 531.85
  • Downside monthly target: 469.6
  • Downside monthly target: 440.03
  • Downside monthly target: 412.9

Cummins India (CUMMINSIND) indicators technical analysis

Price action analysis of Cummins India (CUMMINSIND) 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.

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

MACD generated a BUY signal for Cummins India in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cummins India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Cummins India in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 828.77 and Cummins India CUMMINSIND stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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