INGERSOLL RAND LTD - Multiple Indicator 📊 Script: INGERRAND (INGERSOLL RAND (INDIA) LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY INFRASTRUCTURE
📊 Sector: Industrials - Capital Goods
📊 Industry: Industrial Products - Compressors & Pumps
Key highlights: 💡⚡
I have used 4 indicators which is as follow:
1. Bollinger Bands (BB)
2. MACD
3. RSI
4. MOVING AVERAGE CROSSOVER
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 2292
🟢 Target 🎯🏆 - 2475
⚠️ Stoploss ☠️🚫 - 2194
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
INGERRAND
INGERRAND - Bullish Swing ReversalNSE: INGERRAND is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.