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(CUMMINSIND) Cummins India complete technical analysis [charts+indicators] | Buy/Sell Cummins India | (CUMMINSIND) share price targets

Complete technical analysis of Cummins India (CUMMINSIND) by charts plus indicators, forecast predictions and share price targets for Cummins India (CUMMINSIND)

Cummins India trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-09-24 View latest technical analysis

10 day averaged volume of Cummins India is 447502

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3852.90	3863.65	3891.70	3838.15	0.902 times
23 Mon Sep 2024	3865.80	3824.95	3883.00	3797.90	1.146 times
20 Fri Sep 2024	3814.05	3738.95	3832.05	3677.80	1.535 times
19 Thu Sep 2024	3727.80	3800.00	3827.15	3610.60	1.149 times
18 Wed Sep 2024	3764.00	3849.00	3866.05	3742.80	0.465 times
17 Tue Sep 2024	3845.95	3780.05	3851.15	3780.05	0.427 times
16 Mon Sep 2024	3817.70	3810.00	3832.30	3775.20	0.856 times
13 Fri Sep 2024	3784.60	3848.00	3848.00	3768.85	1.17 times
12 Thu Sep 2024	3822.85	3825.00	3832.15	3750.00	1.512 times
11 Wed Sep 2024	3797.40	3746.00	3862.90	3746.00	0.88 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3844.5, but if it comes below 3844.5, then a intra day sell could be more profitable.
If you take a sell trade below 3844.5, then use 3844.5 as stoploss and 3791.9 as target. However if you take a buy trade in stock , then use 3844.5 as stoploss and 3907.7 as target.

Share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Target	3102.15
Downside Target	3211.10
Downside Target	3359.05
Downside Target	3610.60
Upside Target	3891.70
Upside Target	3895.75
Upside Target	3900.00
Upside Target	3929.00
Upside Target	4154.00
Upside Target	4171.90

Intraday share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Intraday Target	3803.3
Downside Intraday Target	3753.7
Upside Intraday Target	3897.1
Upside Intraday Target	3941.3
Downside Intraday Target	3847.5

Weekly technical analysis of Cummins India (CUMMINSIND)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3852.90	3824.95	3891.70	3797.90	0.462 times
20 Fri Sep 2024	3814.05	3810.00	3866.05	3610.60	0.801 times
13 Fri Sep 2024	3784.60	3765.00	3862.90	3661.25	0.992 times
06 Fri Sep 2024	3765.65	3769.90	3895.75	3744.70	0.79 times
30 Fri Aug 2024	3744.70	3850.00	3929.00	3691.05	1.457 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cummins India (CUMMINSIND)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3852.90	3769.90	3895.75	3610.60	0.386 times
30 Fri Aug 2024	3744.70	3850.00	3929.00	3359.05	1.322 times
31 Wed Jul 2024	3852.35	3960.05	4154.00	3407.05	0.722 times
28 Fri Jun 2024	3966.85	3650.00	4171.90	3102.15	1.035 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cummins India (CUMMINSIND)

Price action analysis of Cummins India ( (CUMMINSIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cummins India ( (CUMMINSIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Cummins India ( (CUMMINSIND) ) based on a mid to longer 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.

ADX buy sell signal for Cummins India stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 3809.37 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.