Cummins India Ltd, a key player in the capital goods sector, achieved a new record high in May 2026. This upward movement follows a bullish trend that began in April 2026, when the stock successfully retested its 50-day moving average (DMA) on daily charts and the 20-week moving average on weekly charts. Analysts suggest that the rally may continue, advising short-term traders to consider buying the stock with a target price exceeding ₹6,000 in the upcoming 3-4 weeks. The strong momentum observed in the stock indicates that the bullish trend is likely to persist, making it an attractive option for traders looking to capitalize on potential gains.