Cummins will give breakout once it crosses 466 level. It will be breakout from wedge pattern formed in last 7 months from march low. It will be big breakout if it sustains above the 466 level. One can look for Intraday target of 476 and next weekly target of 494 level and if it sustains above 494 then next possible target is 516. I am hoping all the targets will be achieved within this October expiry given that it sustains above 466 level on closing basis on Monday. Stoploss can be maintained below 436 level on closing basis. This is just for educational purpose. Have a great trade.
Suggestions are welcomed.
Suggestions are welcomed.