Cummins India - BUY

23 thg 9, 2018

The ongoing downtrend is Wave2 of the fresh impulse started at 612. On both price wise and time corrections seem to be concluded, the stock may take a fresh start anytime soon. Expect Wave3 target of 980-1000 in the coming 3-6 months. The targets would be revised as the internal waves unfold. Maintain a stoploss below the recent low and buy.

15 thg 10, 2018

Ghi chú

The last leg C of Wave 2 has concluded at 642.50 and a fresh impulse (Wave3) has started. The ongoing rally is the Internal Wave 1 of Wave 3