⚙️ Cummins India — Wave 5 Completed, Bullish Structure Resuming? 🔁

After a textbook 5-wave impulsive rally (Elliott Wave count) topped out near ₹4,000+, Cummins India entered a healthy corrective phase and has now bounced off support, reclaiming previous breakdown levels. 🔍 Technical Breakdown: ✅ Wave 4 to Wave 5: Powerful vertical move with strong volume ⚠️ Correction Post-Wave 5: Price retraced to 200 EMA support zone 🔁 Base Formed at ₹2,800–₹3,000 📈 Current Price: ₹3,388 — trading near breakout confirmation Why It’s Interesting: Price has reclaimed key horizontal resistance Reversal candles + reclaim of 200 EMA = strong bullish signal Ready for a Wave A-B-C upward move or new impulse leg? Eyes on ₹3,500+ for confirmation and potential retest of all-time highs.