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Vineet Chawla

30th May 2025 · SEBI-Registered Analyst

3 month breakout

CUMMINSIND
A 3-month breakout strategy identifies stocks surging above significant resistance levels. This indicates strong bullish momentum and potential for further growth. To execute this strategy: - Identify stocks closing above their 3-month highs - Confirm with Simple Moving Averages (SMA) alignment and Relative Strength Index (RSI) above 50 - Set stop-loss 3-5% below the breakout level and take-profit 5-10% above - Monitor volume and fundamentals for confirmation

#TechnicalViews#WatchOutFor
Image 30-05-25 at 7.36 AM.jpeg
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