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CUMMINSIND GAP DOWN AND BOUNCE

NSE:CUMMINSIND   CUMMINS INDIA
Instrument: CUMMINSIND
Time frame: 4 hours

indicators:

Stochastics: bearish
PSAR: bearish

My analysis:

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.

RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
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