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CUMMINSIND

CUMMINSIND CANDLE NO PATTERN https://www1.nseindia.com/live_market/dy


Date 13-Apr-20 VOLATILITY % 2.7
Name Change% SMA89 513.71 PUT TODAY VALUEs PROJ HIGH 0
CUMMINSIND2.433503113 Close 362 Open 0.00 PROJ LOW 0
SMA 5 326.25 High 0.00 Median 0.00 CAN ENTER TRADE
PR. DAY PR. WK SMA 100 575.38 Low 0.00 PDATP 0.00 CHECK BEFORE TRADE @ 9:45 AM
OPEN 359 315.8 LTP 0.00 ATP 0.00
HIGH 371.95 358.95 Bull Day STRONG TREND IF ATP IS NOT REVISITED
LOW 341 280 Gann Daily Conclusion
CLOSE 362 353.4 P Close in A25<>A24 Median is 362.803237 SUSTAINABILITY OF PRICE IN ANY TIME FRAME MEANS IT SHO
Median 356.475 319.475 Hence DAILY GANN DOWN TREND Previous Close & LTP is < MA89, Short @ MA89
PVT 358.4875 327.0375 Gann Weekly Conclusion NO GANN TRADE
R1 375.975 374.075 P Close in E28<>E27 Median is 351.535511 NO TRADE
R2 389.4375 405.9875 Hence WEEKLY GANN UP TREND SL : SMA 5 LINE & VWAP/ATP
R3 406.925 453.025 TGT : GANN PRICE,& PREV. OHLC
S1 345.025 295.125 PDL UP DOWN LEVEL PDH UP DOWN
S2 327.5375 248.0875 350.2955927 331.8294 45 381.6555 362.3695 S3 S2
S3 314.075 216.175 359.7161853 322.7838 90 391.48601 352.914 314.075 327.5375
UPSIDE TODAYS 0 369.261778 313.8632 135 401.44151 343.5835
DOWNSIDE TODAYS 0 378.9323706 305.0676 180 411.52201 334.378
EXAMPLES AT BOTTOM
L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4 L3 L2
236.5612 252.1917 260.1944995 268.32227 276.5750451 284.9528 290.607444 302.08336 310.8361 319.714 328.71668 337.8445 347.0972

L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4 L3 L2


206.608 221.2318 228.7312502 236.35568 244.1051138 251.9795 257.298611 268.10341 276.3528 284.727 293.2267 301.8511 310.6006

O=H CASE OF TATA ELXSI DATE 10.2.2020


Open & High was same till 10:20 but since till 10 it maintained O=H we shorted at 10:00 AM say 100 Qty @ 1022.95 (since 3 Red candles and ma10<ma12. But sooner @ 1
So it seems that script is trying to touch prev. day high but before R1 it again melts and touch VWAP it was time to quit short trade @ 1036.90and go long.
Then Long from VWAP after making loss of Rs.14 Long@ 1037.00 for target as PDH which was 1057 which was executed at 3:20 with profit of Rs.20
Net Profit Loss was +Rs.6
O=H CASE OF TATA ELSXI DATE 14.2.2020
Open & High was same till 10:00 hence short @ 1079.00. Sooner by 10:20 AM it went upto Previous Day High wich was 1096.25 (Here Add more) We will not quit short sin
at 10:45 script revisited VWAP and short which were added at 10:20 has been squared off @ Rs. 1086 with profit of Rs. 10
Now shorted which were added in morning were in loss but will wait price to cross vwap in either direction to guide us for further decision.
At 12:55 price breached VWAP and Pivot give clear picture of downside so Cover shorts at 1067 which was S1 with profit of Rs. 12

Close Near High BAJFINANCE 29.01.2020


High was 4444 and Close was 4427 which is approx 1% below the high, therefore
On 30Jan BajFin initially was O=H but soon at 9:45 went upto 4485 and trade above VWAP but @ 10:45 it breaks VWAP and hence
Gives clear picture to create shorts becoz of selling pressure. At this high price people fear to short but throughout it remains in pressure.

HOW ATP WORKS

Wait for first 15min to settle the prices


The if Nifty is Going IP Find stocks to long or vice versa
now after 15 minutes u will find some stock whr ATP is below the dayhigh of the stock ATP < DAY HIGH ATP > DAY LOW
bcoz stock run away but ATP does not runaway
if suppose stocks make a high and ATP is below the previous day close price If stock makes high and after 15 Min. ATP is below Prev. Day Close means be
if Stock makes low and aftr 15min ATP is above prev. day close means bull da
ATP need to sustain abv open price for Upside and stock should also above prev day close
ATP need to sustain below open price for downside and stock should also below prev day close
_market/dynaContent/live_market.htm https://chartink.com/screener/15-min-kqj-stock-screener
CHECK 16TH MIN CANDLE TO FIND BULL BEAR DAY (JUST INDICATION)
AFTER 15MIN IF VWAP IS ABOVE PREV. DAY CLOSE IS BULL DAY. REST DAY VWAP SHOULD RISE.
AFTER 15MIN IF VWAP IS BELOW PREV. DAY CLOSE IS BEAR DAY. REST DAY VWAP SHOULD FALL
ANALYSE OHLC ON TRADING DAY VALUES
NO TRADE ON OPEN HIGH ANALYSIS
DO NOT SHORT SINCE OPEN < PDL
EVISITED UNIQUE LONG. PRICE BREAK PDL AND CHECK ATP SHOULD RISE
NO UNIQUE CASE
ANS IT SHOULD NOT REVISIT PREVIOUS CANDLE PRICE
MA89 OPEN = HIGH /LOW SOMETIMES IT CAN REVISIT PREV DAY HIGH/LOW
OPEN = HIGH IS SHORT TRADE AND NEEDS TO BE ADD MORE IF REVISIT PREV. DAY HIGH. (TATAELXSI 14.2.20) BUT IF SUSTAIN ABOVE PREV. DAY HIGH IT WI
OPEN = LOW IS LONG TRADE AND NEEDS TO BE ADD MORE IF REVISIT PREV. DAY LOW. BUT IF STOCK SUSTAIN BELOW PREV DAY LOW IT WILL MORE BEARIS
ATP / VWAP IS IMPORTANT. CHECK PRICE SHOULD SAVED IN DIRECTION BY VWAP
FIND SHORTS AT VWAP IF PRICE BELOW PIVOT Check Gann on Daily/ PD Basis AFTER TRADE

S1 PIVOT R1 R2 R3 Visit chartink to find trades


345.025 358.4875 375.975 389.4375 406.925 https://chartink.com/scan_dashboard

CUMMINSIND
Daily
L1 Median L1 L2 L3 L4 L5 L6 L7 L8 L9 L10 L11 L12
353.33519 356.475 359.6287 365.9778 375.6055 385.3583 395.2361 405.2389 415.3666 425.6194 439.4842175 457.1277 478.7583 500.8888
Weekly
L1 Median L1 L2 L3 L4 L5 L6 L7 L8 L9 L10 L11 L12
316.50297 319.475 322.46092 328.4744 337.5989 346.8483 356.2227 365.7222 375.3466 385.096 398.2897094 415.0943 435.7182 456.842

sooner @ 10:20 it penetraded VWAP Line.

uit short since PDH has been touched swiftly and hence which has been added more short will cover at VWAP when Script again revisit VWAP
e means bearish trend and ATP should continuosly falling in later day
eans bull day and ATP should continuousluy increasing rest of the day
Y HIGH. (TATAELXSI 14.2.20) BUT IF SUSTAIN ABOVE PREV. DAY HIGH IT WILL MORE BULLISH.
LOW. BUT IF STOCK SUSTAIN BELOW PREV DAY LOW IT WILL MORE BEARISH.

L13 L14
523.5194 558.4027

L13 L14
478.4659 511.8392

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