MOTHERSON CUMMINS INDIA CEM Swing Levels

By | June 28, 2024 8:54 am

MOTHERSON

Positional  Traders can use the below mentioned levels

Close below 196 Target 181

Intraday Traders can use the below mentioned levels

Buy above 199 Tgt 201, 203 and 205 SL 197.5

Sell below 196 Tgt 194.5, 192  and 189 SL 197.5

CUMMINS

Positional  Traders can use the below mentioned levels

Close below 4096  Target 3729

Intraday Traders can use the below mentioned levels

Buy above 4111 Tgt 4144, 4188 and 4225 SL 4100

Sell below 4096 Tgt 4070, 4028 and 4000 SL 4108 

 

INDIA CEM

Positional  Traders can use the below mentioned levels

Close below 289 Target 261

Intraday Traders can use the below mentioned levels

Buy above 294 Tgt 297, 300 and 303 SL 291

Sell below 289 Tgt 287.5, 284 and 281 SL 291

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  • All prices relate to the NSE Spot/Cash Market

  • Calls are based on the previous trading day’s price activity.

  • Intraday call is valid for the next trading session only unless otherwise mentioned.

  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

  • Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

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