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Kunal-Battu

BULLISH Breakout in INGERRAND

Long
INGERSOLL RAND (NSE:INGERRAND)  
Kunal-Battu Updated   
NSE:INGERRAND   INGERSOLL RAND
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks breakout 52weekhighs INGERRAND Bullish Patterns
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trendanalysis chartpattern indicator indianmarket indianstocks breakout 52weekhighs ingerrand bullish
INGERRAND

There is a Breakout in INGERRAND. The prices are trading above the moving averages which shows bullishness. The stock as made new 52 week high, which is another sign of bullishness. The RSI is above 50 level which shows good bullish momentum. My view for this stock is for positional i.e. 1 to 6 months. The Target is around 2400 levels and the SL is around 1650 levels.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Comment:
Trail SL to 1705 levels.
Comment:
Book Profits as MACD is giving sell signal.
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