Cummins India - 5 Factors to look at going into results

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The picture is self explanatory

Recommend - Buy ITM Calls, Stock or sell put credit spreads (depending on your risk appetite)

Disclaimer - Trading stocks is risky & 95% of traders as per SEBI statistics lose money - with 60% losing most of their capital in 12 months. So, the odds are stacked against anyone trying to make a living in the markets. All the ideas here for education & analysis only. Please do your own research before risking your capital.
Nota
Market is weak going into the end of this month. Will be holding off on new longs
Nota
Still basing - wait for results. There is no pre result positioning here it seems
Nota
Still a good setup. Wait for the right time (right after results)
Nota
Still basing - very light candles indicating that the traders are getting ready for results. Monitor it closely for now - maybe take a small position to get things going and jump onboard if results are good
Nota
Still basing - this has been a very long base out before results in deed.
Pesanan dibatalkan
Never took the trade as the stock collapsed after earnings
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