Linde - At ResistanceLinde :
Rectangle Breakout done, retested and broke out
Currently at strong resistance
Looks good above 7100 for possible quick 5 percent move
Linde India Ltd.
No trades
What traders are saying
Linde India Ltd: Analyzing Investment Potential Amidst Recent DeTechnical Analysis: BAT Pattern and Support Levels
Linde India Ltd has formed a BAT pattern in its stock chart, experiencing a 40% decline from its recent highs. The stock is currently positioned with an entry point around ₹5930, while a significant support zone exists at approximately ₹5200, coinciding with a three-year long-term trendline.
Fundamental Performance Overview
Revenue Trends: Linde India reported a 12.16% decline in sales, marking its first revenue contraction in three years. This downturn reflects the challenges faced in the industrial gases sector amid fluctuating demand and pricing pressures.
Net Profit: The company's net profit for the last two quarters has shown a consistent decrease, with figures dropping from ₹120.07 crore to ₹105.41 crore, averaging a decline of 12.2% per quarter.
Price-to-Earnings (P/E) Ratio: The current P/E ratio is significantly high at 116.68, compared to the sector average of 118.28, suggesting that the stock may be overvalued based on its earnings.
Debt Levels: Linde India has maintained a zero debt status for the past five years, demonstrating strong financial health and stability without reliance on external borrowing.
Return on Equity (ROE): The company reported an ROE of 12.91%, indicating effective management of shareholder equity to generate profits.
Dividend Yield: Linde India offers a modest dividend yield of 0.20%, providing some returns to shareholders despite the current market volatility.
Market Capitalization: As of January 2025, Linde India's market cap stands at approximately ₹50,648 crore, reflecting its position as a significant player in the industrial gases sector.
Long
Double bottom breakout and retest : LindeIndiaAfter High of 9500 levels
Linde India corrected till 5500 levels
Nr 5500 we can see there is double bottom formation.
After breakout of neckline at 6500 it retested this neckline and is now ready for next bout of rally.
We can also see that 6500 level is also 20week SMA acting as support.
Tentative target and stoploss levels are marked on the chart.
Long
LINDEINDIAChart Pattern and Key Zones:
The chart for LINDEINDIA on a daily timeframe shows significant price action around key demand and supply zones.
Demand Turned Supply Zone: An area that previously acted as strong demand has now been retested and appears to be acting as a supply zone, indicated by the horizontal red band.
Supply Turned Demand Zone: Conversely, a prior supply zone has been overcome and is now potentially acting as a support (demand) area, shown by the horizontal green band. This suggests a successful flip of resistance into support.
Base Breakout: The stock has recently broken out of a consolidation "base" formation (highlighted by the blue rectangle), indicating a potential shift from a sideways trend to an upward trend.
Trendline Breakout: There is a clear downtrend line that the stock has recently broken above, further confirming the bullish sentiment and a potential reversal of the prior downtrend.
Trading Recommendation:
Given the technical setup, LINDE INDIA LTD. presents a compelling trading opportunity:
Confirmation of Trend Reversal: The combination of the base breakout, the downtrend line breakout, and the flip of a supply zone into a demand zone strongly suggests a bullish reversal.
Potential for Further Upside: With the stock having cleared significant resistance levels, there is potential for further upward movement.
Conclusion:
The confluence of multiple bullish technical signals – a base breakout, a downtrend line breakout, and successful retesting of flipped demand/supply zones – indicates that LINDE INDIA LTD. is likely to continue its upward trajectory. The current slight pullback offers a potential opportunity for entry before a further move higher.
Long
LINDE INDIA is looking ready for a breakoutLinde India is looking ready for an inverse head and shoulders chart pattern on daily chart, volumes are also supporting. only for education purpose, do your own research.
Long
NSE LINDEINDIA – Elliott Wave ProjectionTimeframe: Daily
NSE LINDEINDIA is currently trading below both the 100 and 200 EMAs, indicating a bearish trend. The ATR stands at 232, reflecting low volatility while supporting the ongoing downward movement. The price action has formed a descending channel, with a clear corrective pattern visible within this structure.
The price has completed wave 5 of wave (C) and begun moving upward. A downward value area is visible near the lower band of the descending channel. The price has reached 100% of wave (A), suggesting it has hit the anticipated Fibonacci ratio, indicating a potential correction. To confirm this assumption, the price must break above wave 4 of wave (C) at 6800 . If this breakout occurs, traders can look for the following targets in a long setup: 7500 – 8198 – 8660+.
We will update further information soon.
Long LINDE INDIALong Linde India in the range of 5800 to 5300
Sl one can keep below 5200
Tgt of Previous high and if sustains above that then 12000+.
LINDE INDIA day timeframeLINDE INDIA day timeframe NSE:LINDEINDIA
buy this stock, but there hasn't been a green candle yet. If a strong bullish green candle forms, indicating upward momentum, i will proceed with the purchase. This will give me confidence that buyers are gaining control, aligning with my entry criteria. Until then, I'll stay cautious and observe.
Long
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.
Long
LINDEINDIA Trading near Demand Zone of ₹7401.05 to ₹7230.15LINDEINDIA's current price stands at ₹7538.45, positioning it near a demand zone ranging from ₹7401.05 to ₹7230.15. This zone, formed on September 10, 2024, may serve as a robust support area. Traders may want to watch this zone for potential signs of price consolidation or a bullish reversal, indicating an opportunity for possible entry.
Long
Linde India Long Linde India will hit 9200 soon. In which I feel it will shoot up 700-800 intraday. Levels are marked. Stop Loss - Below the Previous Candle.
Please Note - I am not SEBI registered.
Thank you :)
Long
Linde Indiastock in strong momentum and in long trend within Channel base and also creating Flat Pattern
Entry Price Rs 8500 Rs 8700
SL Price Rs 7500
Target Price Rs 11000 plus
Happy Trading and Investing
Disclaimer:This is for educational purposes only. This is not a trading recommendation. Please review the charts or consult with your financial advisor before any investment decision
Long
LINDEINDIA BULLISHLINDE INDIA LTD is looking strong upside.
Entry for long term trade
You can go for it after doing your own analysis.
entry price target and stop loss has been updated in the chart.
ONLY FOR EDUCATIONAL PURPOSE..!
Long
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
swing candidate LINDE INDIALinde 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
Long
Linde India - trend reversal??Hello 👋
Today stock open gap up for 7405 & made high of 7640.. previous day close was 7202.15
* Since 4 weeks price trading between a range .. support 7430 (pivot)
* Currently stock in downtrend.
* Today strong pullback happened.
* Also there is an Acquisition news related to Industrial gas supply assets (agreement with Tata Steel) may benefitted to the stock.
* See the strong breakout of trend line
* Also strong volumes.
* Rsi also inclined.
* Long trade can be invalid below 6700 if it breaks decisively.
*** Can be a short term bet.***
It's my view. No buy or sell recommendation 🙏 plz DYOA
Please boost my post if you find it useful 🙏
Thank you
Long
Long trade LINDE INDIA LTDLow risk setup
Enter here Put stoploss below 7800
target 1:2 or all time high
Long
Lindeindia1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
Long
Amazing swing trading support idea for 31 may I daily make educational content videos for swing / positional trading
Long
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.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Long
Resistance breakout accompanied by very high volume- Symbol: Linde India
- Bounce: Strong bounce from lower trendline and support zone
- Volume: Resistance breakout accompanied by very high volume
- RSI Momentum: RSI showing positive momentum
- EMA Support: Supported by the 200 EMA
Long
Long
Linde: ATH Breakout WatchoutDisclaimer: I am not a SEBI Registered person nor this is an investment advice, just my personal trade diary. Opinions and Ideas are always welcome as it helps us grow together.
Long