LINDEINDIA Trading Above Fresh Demand ZoneLINDEINDIA is currently trading at ₹6540.1, slightly above its demand zone between ₹6529.95 and ₹6380, established on 2nd April 2024. This fresh zone has not been tested, suggesting potential buying interest if the price revisits this range. Investors may watch for a pullback to these levels, which could provide a buying opportunity with strong support.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
LINDEINDIA
Descending channel Breakout reversal strategyLINDE INDIA
1. Descending channel Breakout reversal strategy
2. Inv Head and Shoulder Pattern
3. Close within 52W high zone (-12.6%)
3. Close above the previous day's high
4. Close above last week high
5. Close above last month high
6. High increase in 1 month (+18.8%)
7. High increase in 6 months (+33%)
8. High increase in 12 months (+47.9%)
7. Promoter holding 75 %
8. Pledged percentage 0 %
9. Change in Prom Hold 0 %
10. FII holding 3.03 %
11. Chg in FII Hold +0.72 %
12. DII holding 6.84 %
13. Chg in DII Hold -0.61 %
14. Stock PE 168
15. Industry PE 39.9
16. ROCE 17.4 %
17. ROE 12.9 %
For Educational Purpose Only
LINDEINDIA | Swing Trade📊 DETAILS
Sector: Diversified
Mkt Cap: 61,619 cr
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants.
TTM PE : 143.99 (High PE)
Sector PE : 92.26
Beta : 0.79
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
8.04% away from 52 week high
Outperformer - Linde India up by 30.76% v/s NIFTY 50 up by 0.25% in last 1 month
📈 FINANCIALS
Piotroski Score of 9/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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🔍 More Analysis & Trade Setups 🔍
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LINDEINDIA - Bullish Swing Reversal with VolumesNSE: LINDEINDIA 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 10% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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LindeIndia BestBuyStock made a Higher high with Very good volume and Strong Bullish candles.
Now consolidating without much fall in price., which is a clear sign of Bullish Consolidation.
RSI gave clear sign of Entry. Now Price action need to confirm the Entry in weekly timeframe.
Daily timeframe PA is formed. Buy above the Daily Priceaction
Linde India Ltd - Long Setup, Move is ON...#LINDEINDIA trading above Resistance of 6524
Next Resistance is at 10309
Support is at 3426
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Can Linde perform like Ariana Grande ?Rising Channel suggests upward trend along with a continuation pattern.
-Annual Revenue rose 49.5%, in the last year to Rs 3,239.5 Crores. Its sector's average revenue growth for the last fiscal year was 17%.
-Annual Net Profit rose 6.1% in the last year to Rs 538.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.4%.
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants.
Gas and Related Products:
It comprises of pipeline gas supplies to large industrial customers like primary steel, glass and chemical industries, supply of liquefied gases through Cryogenic tankers (Bulk) to cater to demand across a wide range of industrial sectors and compressed gas supply in cylinders (Packaged Gas) for meeting smaller demand for gases mainly across fabrication, manufacturing and construction industry.
Healthcare business:
It provides high quality gases for pharmaceutical use such as medical oxygen, synthetic air and nitrous oxide in addition to providing state of the art medical gas distribution systems to major hospitals.
LINDINDIA can go bullishLinde India after a break-out above the level of 4150 can be more strong. Check-in multi-time frame for entry with a good risk-to-reward ratio. stock is holding the 50 EMA level with good support & long trend is upward.
keep the stock in your watch list. This is for your educational purpose only.
LINDEINDIA : STOCK WITH QUICK MOVEMENT IN NEXT FEW DAYSLinde India Limited is an India-based industrial gases company. The Company operates through two segments: Gases and Related Products and Project Engineering Division (PED). Hindering Around 52 Week High, we may see a new 52 Weeks high if uptrend continues. The Entry level is 3868 , but we have to ensure that the stock retests the support @ 3867.75.
We may see stock reaching its first @ 4015.65 and second @ 4092.85 very quickly . However, resistance could be seen at the third level @ 4203.75 , and if we see break out at this level , we may certainly see a new 52 weeks High.
Lets keep a watch if the stocks makes a new support at 3867.75
Weekend pick: Linde IndiaChart -> Linde India Weekly
A beautiful symmetrical has emerged on the weekly chart of the stock.
CMP: 3444
Targets: 3781 and 4175
Good range: Around 3294
SL: 3050 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Breakout in Linde India...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 achieved in Linde India. Gain of 30% Target 2 is ON.This is follow-up on Linde India. Can check link to related ideas.
Target 1 achieved. Gain of more than 30%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LINDEINDIA - Darvas Box Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Linde India was analysed previously on 05th Jan as well. Checkout the linked idea to understand better
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
LINDEINDIA 1D Timeframe Swing TradeLook at the LINDEINDIA showing good sign of going up.
Trade with proper stop loss.
*NOTE
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Analysis is shared here is only for educational purpose.
Please consult your financial advisor before any trade.
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