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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 2024-10-08 View latest technical analysis

10 day averaged volume of Cummins India is 455368

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	3708.30	3600.00	3725.00	3591.20	0.584 times
07 Mon Oct 2024	3591.00	3580.35	3656.00	3526.00	1.131 times
04 Fri Oct 2024	3623.50	3683.80	3707.00	3607.90	1.069 times
03 Thu Oct 2024	3682.65	3869.95	3870.00	3662.80	1.231 times
01 Tue Oct 2024	3875.85	3820.00	3891.70	3794.05	0.663 times
30 Mon Sep 2024	3806.05	3864.15	3875.90	3761.00	0.943 times
27 Fri Sep 2024	3864.80	3794.25	3878.00	3780.25	0.794 times
26 Thu Sep 2024	3794.20	3764.00	3805.00	3730.00	0.622 times
25 Wed Sep 2024	3763.70	3862.00	3927.00	3743.55	1.535 times
24 Tue Sep 2024	3852.90	3863.65	3891.70	3838.15	0.887 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3700.5 as stoploss in an intra day buy trade for a target of 3777.37. However, stock will show a bearish move below 3700.5.

Share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Target	3102.15
Downside Target	3359.05
Downside Target	3526.00
Downside Target	3607.90
Upside Target	3862.90
Upside Target	3891.70
Upside Target	3927.00
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	3581.2
Downside Intraday Target	3454.1
Upside Intraday Target	3780.2
Upside Intraday Target	3852.1
Downside Intraday Target	3653.1

Weekly technical analysis of Cummins India (CUMMINSIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	3708.30	3580.35	3725.00	3526.00	0.439 times
04 Fri Oct 2024	3623.50	3864.15	3891.70	3607.90	0.787 times
27 Fri Sep 2024	3864.80	3824.95	3927.00	3730.00	1.14 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

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
08 Tue Oct 2024	3708.30	3820.00	3891.70	3526.00	0.221 times
30 Mon Sep 2024	3806.05	3769.90	3927.00	3610.60	0.473 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

Scroll below to view daily charts

Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

Price action analysis of Cummins India ( (CUMMINSIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cummins India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cummins India in short term and the sell signal is strong.

Cummins India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Cummins India in short term but BUY signal is weak.

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 3744.17 and Cummins India (CUMMINSIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.