CUMMINSIND

Holds Strong Uptrend Intact Despite Minor Pullback

continue to exhibit a bullish structure, with the stock maintaining a strong uptrend marked by higher highs and higher lows. The recent pullback from near ₹5,000 appears to be a healthy correction rather than a trend reversal, as the price is still holding above key support levels around ₹4,500–₹4,600. RSI remains in the bullish zone near 55, indicating sustained momentum, while the overall price action reflects ongoing accumulation. In my view, if the stock stabilizes above ₹4,600, it could resume its upward move toward ₹4,900–₹5,100 in the near term.