Cummins India - Hammer with massive volume in Accumulation phase
Cummins India seems to be in accumulation. The price formed a hammer on 200 moving averages and took liquidity from the previous support zone. The volume expansion was massive but the market structure is still Bearish. It's too early to say about the follow-up but it would be a good ambush entry if someone is willing to take the risk.
Targets: 805, 865, 922.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S:This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Targets: 805, 865, 922.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S:This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Nota
Target 1 ReachedNota
Target 2: Reached ✅✅
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.