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radha_23
Nov 13, 2022 4:10 PM

INGERSOLL RAND LTD - Multiple Indicator Β Long

INGERSOLL RANDNSE

Description

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πŸ“Š Script: INGERRAND (INGERSOLL RAND (INDIA) LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY INFRASTRUCTURE
πŸ“Š Sector: Industrials - Capital Goods
πŸ“Š Industry: Industrial Products - Compressors & Pumps

Key highlights: πŸ’‘βš‘

I have used 4 indicators which is as follow:

1. Bollinger Bands (BB)
2. MACD
3. RSI
4. MOVING AVERAGE CROSSOVER

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages also giving crossover.
πŸ“ˆ Current RSI is around 67.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 2292
🟒 Target πŸŽ―πŸ† - 2475
⚠️ Stoploss ☠️🚫 - 2194

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ RepeatπŸ”

Happy learning with trading. Cheers!πŸ₯‚

Trade closed: stop reached

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Comments
Przippy
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I'm also bullish in infrastructure
ashish9537791130
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good
majidne
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Good analysis…
AMIT-RAJAN
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Great work! thanks for sharing
dalviraju21
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good analysis πŸ‘
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