Technical Analyst, Vijay Bhambwani is of the view that Cummins India will remain bullish as long as it stays above Rs 210 levels.
Bhambwani told CNBC-TV18, "Cummins India will remain bullish as long as it stays above Rs 210 levels, which is the immediate floor for the counter. As long as it stays above Rs 210, the momentum remains positive. The probability of the up move is significantly higher than any kind of a fall. Keeping a target of Rs 270, one could probably take off some amount of profit, maybe one-third or one-half. So thereby reducing the acquisition cost and holding on to the remaining stocks for more than a year, this stock is a market outperformer."
