CUMMINS INDIA View

CUMMINS INDIA. Recently gave a Harmonic Channel Breakdown below 940. Whose Targets are placed at 800 on cash in medium term. Better to open up a bearish option trade here rather going for puts. Fresh Harmonic breakdown is placed below 874
Which once breaks would open up the Targets of 770 on downside. Note this is not a market where stocks are breaking down. So wait for rallies to initiate trades. Better to be conservative with trade positioning.

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