PL Capital anticipates diverse Q4 results for the capital goods sector, singling out L&T, Ingersoll Rand India, and Voltamp Transformers as key choices. L&T projects a 14% revenue growth rate from FY25 to FY28E, but potential geopolitical conflicts in the Middle East may pose risks.

Ingersoll-Rand (India) has shown resistance to moving past a descending trendline, which is supported by the 200 EMA, but its higher lows, RSI above 50, and increased volume suggest a potential breakthrough could occur after a retest.