CUMMINS INDIA Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving in a up channel formartion , will favor bulls, further buying expecting once cummins india closes above 688. (Updated On 12th August 2014, Tuesday).


  • CUMMINS INDIA moving in up channel formation in daily chart, this indicates as long as stock moving in this formation it will be favored by bulls.
  • As per graph no 2. Cummins India is trading above its golden ratio 61.8%  fibonacci retracement from last 3-4 trading session. Once stock closes and stays above 688 its minor trend line resistance then further up move is expecting in Cummins India. After 688 stock will find next strong trend line resistance around 705 (its previous top).
  • Daily chart also indicates stock is holding its 100 days moving average, as shown in graph no 3 from last 4 times stock took its 100 DMA support and moved up, this time also stock is moving up from 100 DMA, as long as stock stock holds above it will favor bulls. Close Watch.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips