Economic Nerd: CUMMINS INDIA ::: LONG ::: 15 MIN TIME FRAME TRIAL

Saturday, July 16, 2022

CUMMINS INDIA ::: LONG ::: 15 MIN TIME FRAME TRIAL

DATE: 16 Jul 22

INSTRUMENT: CUMMINSINDIA

SEGMENT: EQ

TIME FRAME: 5 MIN

DURATION: Intra day

Imp Date & Time: 19 JUL 2022 09:15 Am

TREND: Buy

CMP: 1127.95

BUY ABOVE: 1129

SL: 1126

TGT 01.: 1148

TGT 02.: 1170

UPPER SHAKE OFF: 1170

UPPER SECONDARY TEST: 1148.70

MID SECONDARY TEST: 1117.20

LOWER SECONDARY TEST: 1085.75

LOWER SHAKE OFF: 1066.05

COMMENT:

This purely trial signal. Technically it is bullish on intraday basis. This is to test if we can set signals for a day or two.

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Risk Disclosure

Futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Trade with risk capital only. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Past performance is no guarantee of future results and should not be interpreted as a forecast of future performance. We make no promise as to the performance of the account and while the investment objective is major capital appreciation over time no representation is being made or implied that any account will or is likely to achieve profit. The value of your investments can decrease as well as increase and, as such, funds invested should constitute risk capital. The risk of loss in trading commodities and options can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. You should carefully consider whether your financial condition permits you to participate in futures trading. In so doing, you should be aware that futures and options trading can quickly lead to large losses as well as gains. Such trading losses can sharply reduce the value of your investment. All information provided on these pages is for fair use. Normal copyright protections apply to all commercial use of any documents or information. economicnerd@gmail.com is not responsible for any loss due to inaccuracies in the information provided. Nothing presented here should be construed as investment advice or recommendations.

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Saturday, July 16, 2022

CUMMINS INDIA ::: LONG ::: 15 MIN TIME FRAME TRIAL

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