A clear break out in the trend with heavy momentum and approaching towards its strong resistance placed since Aug'22. Perhaps resistance may become support today itself. Let's see.
After 1.8 year of Weekly range finally momentum can be seen however closing is taking support on 10 DEMA creating some concerns for break out failure or range. Let's hope for the best as trend is upward and soon 1100 target can be achieved.
Its been more than one month that Cummins is currently in consolidation phase after breaking its upward trend and no doubt has maintained its position by taking support on 100 EMA and that too continuously. If support breach than next level can be seen around 1530 otherwise in upward trend 2050 levels can be seen in coming months.
