CUMMINS INDIA - FALLING WEDGE BO DONEFalling Wedge Breakout:
A bullish reversal pattern.
The breakout confirms trend reversal and renewed buying interest.
10 EMA crossing above 20 EMA:
Indicates a bullish crossover, often an early signal of a strong uptrend.
RSI > 60 (Currently 62.82):
Signals strong bullish momentum.
Above 60 is typically considered high strength, with room to rise before becoming overbought.
Volume Confirmation:
Breakout supported by above-average volume, validating the strength of the move.
Trade Setup Suggestion:
Entry: CMP ₹3537 (post-confirmation breakout)
Stop Loss (SL): ₹3200 (below wedge support/EMA zone)
Targets:
Short-term: ₹3750–₹3850
Medium-term: ₹4000+ (Previous highs)
CUMMINSIND trade ideas
CumminsIndPrice is testing/forming double bottom support. 3300 - 3320 is the trend direction deciding zone. Price have to sustain above this to be bullish.
Buy above 3325 with the stop loss of 3305 for the targets 3350, 3380, 3398 and 3416.
Sell below 3288 with the stop loss of 3305 for the targets 3272, 3260, 3238 and 3216.
Always do your own analysis before taking any trade.
Ye Chart kuch kehta hai - Cummins IndiaBased on the weekly chart technical analysis, Cummins India stock appears ready for a breakout due to several factors:
Formation of a Falling Wedge on Weekly Chart: The stock is showing a falling wedge pattern, which is typically a bullish reversal pattern signaling a potential breakout to the upside.
Consolidation and Breakout from Rectangular Range: Cummins India has been consolidating within a rectangular range for several months and has recently shown strong upward momentum with a breakout above the upper trendline of this consolidation box on the daily chart, which often precedes a sustained move higher.
Key Technical Indicators on Weekly Chart:
RSI is around 50.58, indicating neutral momentum but room to move higher before becoming overbought.
Rate of Change (ROC) is positive at 11.69, suggesting increasing momentum.
ADX is at 23.92, indicating a developing trend strength which can support a breakout move.
Parabolic SAR is mildly bullish, supporting an upward price move.
Volume Confirmation: The breakout is expected to be accompanied by increased trading volume, which adds conviction to the breakout move.
Target Price and Resistance Levels: The potential target after breakout is around ₹3735.70, derived from the range of the consolidation box added to the breakout point. There is an intermediate resistance near ₹3665 that the stock might test before moving higher.
Trend Context: Despite some bearishness in longer-term moving averages, the short-term and weekly technicals suggest a bullish setup ready to trigger a breakout.
In summary, the weekly chart technical basis for Cummins India stock being ready for a breakout includes the bullish falling wedge pattern, breakout from a consolidation range, positive momentum indicators like ROC and ADX, and expected volume confirmation. These factors collectively suggest a strong possibility of an upward breakout in the near term
Cummins India - Cup & Handle Cummins India has entered the power storage business (batteries) and the chart is showing a classic accumulation pattern on the H1 time frame.
Wait for the price to breakout along with RSI and we can see a clean up move equivalent at least to the depth of the cup which turns out to be a price target of 3700+
CMP 3400
This 🚀 is about to launch soon!
Trading Idea: Cummins India Ltd (NSE) - Potential BreakoutSymbol:** CUMMINSIND
Timeframe: Daily
Potential Scenario: Bullish Breakout
Observation:
The chart shows Cummins India Ltd. (NSE) has been consolidating within a rectangular range (highlighted in purple) for several months. Recently, the price has shown strong upward momentum, breaking above the upper trendline of this consolidation box.
Rationale:
Consolidation Breakout: Breakouts from established consolidation patterns can signal the resumption of a prior trend or the start of a new one.
Increased Volume:The breakout would be accompanied by increased trading volume, lending more conviction to the move.
Target Calculation: The annotation suggests a potential target of ₹3735.70 (calculated as the range of the consolidation box added to the breakout point). However, the annotation also mentions a previous strong resistance level at ₹3665, which could act as an intermediate target.
Risk Management:
Only risk a small percentage of your capital on this trade.
Be mindful of overall market conditions and sector-specific news.
Adjust your stop-loss as the trade progresses to lock in profits.
Disclaimer: This is just a trading idea based on the provided chart and should not be considered financial advice.
CUMMINSIND important Support and resistance levels Support Levels:
₹3,160 – Recent swing low and minor horizontal support
₹3,050 – Strong support zone with previous consolidation
₹2,920 – Major support; gap-fill and breakout retest zone
🔺 Resistance Levels:
₹3,280 – Immediate resistance near recent highs
₹3,350 – All-time high zone; potential breakout level
₹3,420+ – Blue-sky territory if breakout sustains
📌 Trend: Bullish structure intact; watch for breakout above ₹3,350 with volume.
Let me know if you want intraday or weekly levels too.
Cummins India: Technical + Fundamental BreakdownIn this video, I dive into Cummins India, combining technical analysis with key fundamental insights. I cover chart patterns, volume action, support/resistance zones, and recent financial performance to help identify a potential investing & swing trade opportunity.
🔍 Perfect for traders who want both data and conviction behind their trades.
Watch, learn, and trade smarter.
Waves Gone Wild: Understanding Complex CorrectionsUntangling the Mystery of Complex Corrections – A Simple Walkthrough Using CUMMINS INDIA
Ever wondered why the market suddenly becomes messy and confusing after a big rally? Welcome to the land of Elliott Wave corrections, where things aren't always a straight road—but if you know the signs, you won’t get lost.
Let’s break it down using a real chart – CUMMINS INDIA , where we can spot all types of corrections playing out like a drama series.
Step 1: Why Do Corrections Happen?
Corrections mostly show up in Wave 2 and Wave 4, which come after a strong trend (Wave 1 or 3). The job of corrections is simple – to cool things down before the next move.
Step 2: The Simple Ones – Flats and Zigzags
Zigzags (Pattern: 5-3-5):
Wave A: 5 waves
Wave B: 3 waves (does not cross the start of A)
Wave C: 5 waves, usually equal to or 1.618x of A
Zigzags are sharp and directional – like a quick jab.
Flats (Pattern: 3-3-5):
All about sideways movement.
The B wave often ends near or slightly above/below A’s start – forming what we call expanded flats (hello, double tops and bottoms!)
C wave finishes things off with 5 waves.
Flats are more chill – like the market catching its breath.
Step 3: The Slow Builders – Triangles
Triangles are like coiled springs. They’re made of five legs: A-B-C-D-E, all 3-wave moves. These usually show up in:
Wave 4 of an impulse
Y wave inside complex corrections
Think of triangles as the calm before the final push. You’ll often spot them before Wave 5 explodes.
Step 4: When One Correction Isn't Enough – Enter WXY
Imagine the market says, “One ABC correction? Nah, let’s keep going.”
WXY: Two corrections joined by an X wave.
W = ABC
X = ABC (a connector)
Y = ABC again
So it’s like: ABC + ABC + ABC
Step 5: When Even That’s Not Enough – The WXYXZ Beast
Sometimes the market just doesn’t want to move on. So it throws in another ABC.
WXYXZ:
That’s three ABC corrections, joined by two X waves.
If that’s still not enough? (Yes, this happens)
The whole mess becomes just Wave W of another larger correction. Fun, right?
CUMMINS INDIA – The Perfect Textbook Example
In the chart:
You’ll see flats, zigzags, triangles, all wrapped inside a giant WXYXZ correction.
It spanned months, unfolded in layers, and just maybe, it’s done now.
From April onwards, the move looks impulsive (non-overlapping), hinting at a fresh trend. Or… is it just a big Zigzag in disguise? (C = 1.618 × A, remember?)
Only time (and maybe a bit more charting) will tell.
Final Thoughts
There are amazing books, and thousands of charts to study if you’re serious about learning.
"Give a man a fish, he eats for a day. Teach him how to fish, he eats for life." Trading is the same. Learn the process. Dont chase the calls.
I’m just sharing what I’ve learned with this post. Hope it helps someone out there. Happy charting, and remember— no one is ever 100% right. Stay curious. Stay humble.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
CumminsInd - Desc Broadening Wedge - BullishCumminsInd - Capital goods Non Electrical Equipment
Despite modest Q4 revenue growth, Cummins India expects double-digit growth in FY26 on the back of robust domestic demand, CPCB 4+ tailwinds, and export recovery
Chart is making Bullish flag with descending broadening Wedge bullish pattern in weekly timeframe
Fib level 161.8%, Pivot R1(W), Pivot R2 (W) will hold as resistances
Cummins India Break out stock for 28% Gain
Breakout above 200 SMA with Rising volume and positive MACD Divergence
Here's my analysis of Cummins India's financials:
**Net Profit:**
- Net profit for FY 2023-24: ₹2,533 crores ¹
- Net profit for FY 2022-23: ₹2,345 crores ¹
- Net profit for FY 2021-22: ₹1,944 crores ¹
- Net profit for FY 2020-21: ₹1,566 crores ¹
**Yearly Results:**
- Revenue growth: 15% CAGR over the last 5 years ¹
- Profit growth: 20% CAGR over the last 5 years ¹
- Operating margin: 15.6% in FY 2023-24 vs 14.5% in FY 2022-23 ¹
- Return on Equity (ROE): 23.1% in FY 2023-24 vs 21.5% in FY 2022-23 ¹
Overall, Cummins India has shown consistent revenue and profit growth over the years.
Note : May have open positions in this entity at various price levels.
Cummins Ind - Many OpportunitiesStock reaching its daily supply zone
Which also happens to be its trend line resistance
Expecting a short down move from here
Downside now has a good resistance turned support at 3060 - 3080
Stock may try to bounce back from there to break the trend line and move higher
Play according, Keep proper Sl
rally on the cardsCummins CMP 2940
Fibs - the correction has halted at 50% of the fall from a higher zone. Hence a bounce back is likely.
RSI - the oscillator is above the bull zone on the monthly charts is strength.
MA - on the daily charts the stock is above the MA cross. Hence a rally is very likely from here.
Conclusion - to me this stock is likely to rally to 3470 which is a good 20 % from here.
Cummins India : Ready to Blast#cumminsind #consolidation #breakout #rangebreakout
Cumminsind : Swing / Momentum Trade
>> Consolidation Breakout
>> Stage 1 Breakout
>> Low Risk High Reward Trade
>> Good Upside Potential
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
Cummind India | Weekly LevelsStock currently hovering near Weekly Strong support levels, which extends downside upto 2625
As we can see stock is not making new highs but also not making new lows as well
There is also a daily strong area merged in the same zone, which can be considered as a good buying zone, with a downside Sl of 2600 (Closing basis)
If it manages to hold the mentioned area, then we can see a good upside upto 3250 / 3300 areas
Risk to reward ratio looks good
Lower time frame confirmation is a must
Broader market is bearish as well as chopp, so be cautious
Cummins India Ltd: Evaluating Investment Potential Technical Analysis: Butterfly Pattern and Support Levels
Cummins India Ltd has recently formed a butterfly pattern in its stock chart, currently trading with a 30% decline from its recent highs. The stock is finding support around the ₹2900 level, which may present a strategic entry point for long-term investors.
Fundamental Performance Overview
Revenue Growth: For the fiscal year 2023-2024, Cummins India reported a 16% increase in revenue, amounting to approximately ₹9,000.2 crore. This growth is attributed to strong demand across various sectors, including power generation and industrial applications.
Net Profit: The company reported a net profit of ₹1,475 crore, reflecting a robust performance despite facing challenges in the market. This represents a slight decrease compared to previous periods but highlights resilience amid economic fluctuations.
Price-to-Earnings (P/E) Ratio: The current P/E ratio stands at approximately 48.32, which is higher than the sector average of 45.99, indicating that the stock may be perceived as overvalued based on earnings.
Debt Levels: Cummins India maintains a very low debt-to-equity ratio of 0.02, showcasing strong financial health and minimal reliance on debt financing.
Return on Equity (ROE): The company has reported an ROE of 23.85%, reflecting effective management in generating profits from shareholders' equity.
Dividend Yield: Cummins India offers a dividend yield of approximately 1.27%, providing some returns to investors amidst market volatility.
Market Capitalization: As of January 2025, Cummins India has a market capitalization of around ₹83,145 crore, reinforcing its position as a significant player in the engine manufacturing sector.
CUMMINS - INTRADAY and BTST OppurtunityView : Bullish
Entry Zone- 3212 to 3186
Exit Zone - Based on Trader mindset. Exit 1 - 3266
Exit 2- 3334
Stoploss : Close below 3180
Trading Edge: Price action
Risk/Reward Ratio: 1:2 or more
Timeframe: Daily
* This is not a trading recommendation, for educational purposes only
“Cummins India at a Crucial Juncture: Breakout or Breakdown?”The stock has recently tested a key support zone near ₹3,200, coinciding with a long-term descending trendline and the 200-day moving average (yellow line). The price action suggests indecision, making this a crucial level to watch for both buyers and sellers.
Bullish Scenario
1. If the stock sustains above the ₹3,200 level and breaks out of the descending trendline, it could signal bullish momentum.
2. Key upside resistance levels to monitor:
• ₹3,356
• ₹3,800
• ₹4,132
3. A breakout above ₹4,132 could indicate further upward potential.
Bearish Scenario
1. A decisive breakdown below ₹3,200, backed by high volume, might lead to bearish continuation.
2. Potential downside levels to watch:
• ₹3,000
• ₹2,800
3. Failure to reclaim the 200-day moving average may strengthen bearish sentiment.
Conclusion
Traders should wait for a clear price action signal – either a breakout above the descending trendline or a breakdown below the support zone. Keep an eye on volume and broader market trends for confirmation.
You can adjust this to match your style before publishing!
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions. Trading involves significant risk, and past performance is not indicative of future results.