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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 2024-10-22 View latest technical analysis

10 day averaged volume of Cummins India is 555309

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	3541.40	3579.30	3627.70	3528.00	0.562 times
21 Mon Oct 2024	3579.30	3711.75	3738.35	3568.85	0.847 times
18 Fri Oct 2024	3710.10	3687.05	3715.50	3640.00	0.36 times
17 Thu Oct 2024	3692.00	3835.00	3835.00	3682.10	0.552 times
16 Wed Oct 2024	3798.40	3671.90	3846.10	3671.90	1.915 times
15 Tue Oct 2024	3669.05	3680.00	3709.00	3648.60	0.491 times
14 Mon Oct 2024	3667.80	3614.15	3686.00	3589.50	1.105 times
11 Fri Oct 2024	3614.15	3700.00	3737.00	3565.00	3.335 times
10 Thu Oct 2024	3782.65	3765.00	3811.00	3747.05	0.335 times
09 Wed Oct 2024	3761.80	3724.35	3825.00	3705.60	0.581 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3506.7, for a target of 3622.5 or 3718.98

Share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Target	3102.15
Downside Target	3359.05
Downside Target	3526.00
Upside Target	3730.00
Upside Target	3825.00
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	3466.82
Downside Intraday Target	3392.23
Upside Intraday Target	3677.17
Upside Intraday Target	3812.93
Upside Intraday Target	3602.58

Weekly technical analysis of Cummins India (CUMMINSIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	3541.40	3711.75	3738.35	3528.00	0.319 times
18 Fri Oct 2024	3710.10	3614.15	3846.10	3589.50	0.782 times
11 Fri Oct 2024	3614.15	3580.35	3825.00	3526.00	1.766 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

Price has moved down 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
22 Tue Oct 2024	3541.40	3820.00	3891.70	3526.00	0.801 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Cummins India stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cummins India in short term and SELL 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 3672.5 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.