Cummins India Ltd: Eyeing a Major Breakout
Cummins India Ltd (NSE: CUMMINS) is signaling strong bullish momentum on the weekly chart with a falling wedge and bullish flag combination.
Key Insights:
A breakout above ₹3,750 with volume confirmation could push prices toward ₹5,600+, aligning with the bullish flag target.
Key Insights:
- Patterns: Falling wedge + bullish flag – strong continuation signals.
- Current Price: ₹3,671.00 (+1.98%).
- Breakout Zone: ₹3,750 (watch for a sustained move).
- Targets: ₹3,929 → ₹4,169 → ₹4,500 → ₹5,600+ (bullish flag projection).
- Support Levels: ₹3,422 and ₹3,251.
A breakout above ₹3,750 with volume confirmation could push prices toward ₹5,600+, aligning with the bullish flag target.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.