📊 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...
- 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
Disclaimer: 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.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
NSE:LINDEINDIA has given a strong breakout amidst a big sell-off. A simple stop loss at 5850 can be very good for this fundamentally strong business. One needs to be cautious during this phase of the market as this phase may trigger a proper correction.
LINDEINDIA attempted a BO in a weak market breadth today with higher than average volumes.
Also, 21/50 EMA cross is happening today as well which is a positive point of support shifting upwards and one can think of using 21EMA as a support now once it crosses or if you are a pull back buyer on support one can wait to take a position at 21 EMA instead.
Relative...
NSE: 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...
-Breakout and Retest: LINDEINDIA has successfully broken out from a key resistance level and subsequently retested it, confirming the breakout and signaling potential upward momentum.
-Daily Hammer Candlestick: The presence of a hammer candlestick pattern in the daily timeframe suggests a potential reversal from the recent downtrend, further supporting the bullish...
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...
Linde India at new high , soars 16% in 2 days on winning LoA from Indian Oil
Thus far in the calendar year 2023, the stock price of Linde India has zoomed 70 per cent, as compared to 6.6 per cent rise in the S&P BSE Sensex.
Shares of Linde India hit a new high of Rs 6,075.05, as they gained 5 per cent on the BSE in Wednesday’s intra-day trade after winning Letter...
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...
![LINDEINDIA: LINDEINDIA BO [DAILY]](https://s3.tradingview.com/j/JlTWdvoO_mid.png "LINDEINDIA BO [DAILY]")
