Warning-
Cummins India (CUMMINSIND) presents tactical buy-side potential holding above key 50-DEMA support (~₹3,520) with Stochastic %K reversing from oversold 28.76 territory and Williams %R at -76 signaling exhaustion selling, while neutral RSI(14) at 46 alongside bullish CCI(3.38) confirms accumulation phase amid industrial rebound. Volume stabilization near pivot S1 ₹3,502 with higher lows pattern validates reversal setup despite bearish MACD(-40.96), targeting R1 ₹3,531-3,562 resistance (2-4% upside) on sustained ₹3,512 pivot break aligning with short-term bullish oscillator convergence.Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.