Friday, April 24, 2020

CUMMINSIND GAP DOWN AND BOUNCE

My analysis of CUMMINSIND


Instrument: CUMMINSIND
Time frame: 4 hours

indicators:

Stochastics: bearish
PSAR: bearish

My analysis:

CMP: 377.45

Expecting CUMMINSIND to gap down / sink to 371 - 354 on Monday.

Once it starts retracing back upwards would like to buy above 366 to 371 keeping the so below the low of the day for targets 379 - 386.

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