This article examines the stock market volatility and investor behavior in India...
Technicals for Cummins India Limited
By MusingTheNews
2025-04-25 20:30
Overall Technical outlook
Price Summary
In today's trading session, CUMMINSIND's shares declined by -2.62%, marking a mediocre day. On 2025-04-25, Cummins India Limited's stock opened at 2938.0, peaked at 2955.0, hit a low of 2798.1, and closed -2.62% down at 2861.1, with 524620 shares changing hands. During the 52-week span, the stock hit a high of 4134.0 and a low of 2690.3. 23 analysts suggest that CUMMINSIND's future price will lie between 2213.0 and 4597.0, with an average expected price of roughly 3365.739.
Technicals
Support and Resistance: The current price for CUMMINSIND is 2861.1, supported at 2775.2 with resistance at 2965.1. This indicates a trading range where 2775.2 might prevent further declines, while 2965.1 could hinder additional gains. Support/Resistance for CUMMINSIND
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Cummins India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for CUMMINSIND, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Cummins India Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Cummins India Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Cummins India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Cummins India Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.