Stock 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
#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...
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 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.
Linde 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...
Chart -> Linde India Weekly
A beautiful symmetrical has emerged on the weekly chart of the stock.
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.
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.
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....
The 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...
#NSE:LINDEINDIA 1st time shared in 2021 Aug and given decent returns till now,
Now 2nd time BO happened with more volume is a good opportunity if market continues bullish.
All the levels marked on chart !!
Don’t trade !!
*Only for Educational purpose.
Look at the LINDEINDIA showing good sign of going up.
Trade with proper stop loss.
We are not SEBI registered
Analysis is shared here is only for educational purpose.
Please consult your financial advisor before any trade.
We are not responsible for your loss.