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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 2024-12-20 View latest technical analysis

10 day averaged volume of Cummins India is 388545

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	3312.90	3357.65	3407.25	3304.05	1.647 times
19 Thu Dec 2024	3357.65	3456.30	3480.00	3341.00	2.223 times
18 Wed Dec 2024	3526.30	3540.05	3551.45	3500.05	0.835 times
17 Tue Dec 2024	3543.95	3684.00	3691.00	3518.00	1.175 times
16 Mon Dec 2024	3671.40	3619.90	3682.00	3597.75	0.992 times
13 Fri Dec 2024	3599.90	3610.00	3629.95	3528.75	0.723 times
12 Thu Dec 2024	3611.60	3604.50	3644.20	3588.10	0.88 times
11 Wed Dec 2024	3604.50	3527.90	3647.80	3517.05	1.427 times
10 Tue Dec 2024	3526.20	3511.05	3547.60	3502.55	0.622 times
09 Mon Dec 2024	3509.15	3469.95	3518.00	3460.00	0.477 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 3326.9, for a target of 3425.1 or 3506.88

Share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Target	3244.25
Upside Target	3556.40
Upside Target	3584.00
Upside Target	3610.60
Upside Target	3647.80
Upside Target	3691.00
Upside Target	3691.95
Upside Target	3891.70
Upside Target	3927.00
Upside Target	3929.00

Intraday share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Intraday Target	3180.97
Downside Intraday Target	3049.03
Upside Intraday Target	3567.92
Upside Intraday Target	3822.93
Upside Intraday Target	3435.98

Weekly technical analysis of Cummins India (CUMMINSIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	3312.90	3619.90	3691.00	3304.05	1.664 times
13 Fri Dec 2024	3599.90	3469.95	3647.80	3460.00	0.633 times
06 Fri Dec 2024	3465.00	3500.00	3584.00	3415.20	1.032 times
29 Fri Nov 2024	3483.70	3400.00	3556.40	3361.60	0.916 times
22 Fri Nov 2024	3319.40	3300.00	3406.25	3244.25	0.871 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Cummins India (CUMMINSIND)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	3312.90	3500.00	3691.00	3304.05	0.528 times
29 Fri Nov 2024	3483.70	3530.00	3691.95	3244.25	1.18 times
31 Thu Oct 2024	3500.60	3820.00	3891.70	3311.20	1.134 times
30 Mon Sep 2024	3806.05	3769.90	3927.00	3610.60	0.473 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 green color and prices are in or below the green 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

Stock of Cummins India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3496.3 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.