Cummins India – Wave 4 Expanded Flat Before New ATH

From the 2580 low, Cummins India has likely started a new impulse sequence.

• Wave 1 unfolded as a Leading Diagonal, confirmed by messy overlaps and volume spikes.
  
• A sharp Wave 2 retracement was followed by a powerful Wave 3 rally to 3900.
  
• RSI has held a rising trendline throughout, supporting momentum.
  

Now, price action suggests a Wave 4 Expanded Flat:

• Wave A dipped from 3900.
  
• Wave B exceeded the high.
  
• Wave C is projected to retrace into the 3737–3637 Fib zone, offering an entry setup.
  

Trade Plan:

• Entry levels: 3737–3637
  
• Stop loss (SL): Below 3419
  
• Target (Tgt): New ATH at 4171+
  

RSI remains constructive — momentum intact unless the trendline breaks.

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.