LINDEINDIA trade ideas
LINDE INDIA LOOKS STRONG BUY 2760-2770 T1 2840 T2 2900 SL 2600-DKM SIR
buy and hold as per your risk
149days consolidation breakout
Linde IndiaJan 7
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
Ascending triangle pattern breakout in LINDEHorizontal resistance breakout
Ascending triangle pattern breakout
Good volume breakout
Higher Low pattern
Level mentioned in charts
Only for educational purpose
PENNANT PATTERN FOTMATIONLINDE INDIA stock has formed a pennant pattern which is a bullish chart pattern
one can look for buying opportunity after proper breakout
Linde India Looks Good for 1:1 RRLinde India Looks Good for 1:1 RR. Above moving average 10 with increase in volume and support by 50 ema
LINDEINDIA Wait for 2700 levels to breakout, if it does you can expect a good move] DO YOUR OWN RESEARCH
LINDEINDIA Dated 13 dec 2021 CMP 2614.given a beautiful triangle pattern breakout. buy for a tgt of 2830. this is for educational purpose i am not responsible for your profits.
Linde India price retesting the support with less volumePrice action shows it is up for reversal. it retested the support with less volume.
RSI looks strong in multi timeframe analysis.
FOR LEARNING PURPOSE ONLY. 1.The Stock Has Given A Breakout In 1d Time Frame.
2.Breakout Has Been Given After Testing For Around 3-4 Time.
3. Expecting Good Return If Market Supports.
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LINDE INDIA 1HRLINDE INDIA 1HR is a trending stock now days. Recently breakout happened and retesting it also it is showing a inverted head and shoulders pattern. Red line is the resistance. Can buy now.
Linde India Triangle formationLinde India is near to complete the triangle formation. A breakout above 2750 will be good entry point.
Buy at 2750
SL 2700
Target 2950
Cup & Handle!After a fantastic rally stock took a pause where buyers slowly started accumulating before a further push towards the new highs forming a clear cup & handle pattern which is definatly a bullish sign.
Trend intact on both daily and hourly TF.
Entry- 2765-2770
SL- 2620
TG- 2980, 3225
will it make pattern as assumed ?? and give b.o.for new highlinde india in up trend. green energy gas oxygen hydrogen story.
after making high it retraces and now going up after consolidating.
will it make move in assumed pattern to reach recent high ??
will watch .decide on ur own
#LINDEINDIA, ready to breakout#LINDEINDIA
1. Stock is making higher high since last 8 trading session
2. Near it's 52 weeks high Zone, one can look for a long opportunity if sustains above 2074
3. Formed W pattern,
4. since last 2 weeks has seen very good strong volumes
5. Seen increasing volume as well deliverable & delivery %
6.debt to equity <1
LINDEINDIA - Price and Trend SetupStock making return on RS scale against Nifty50 and soon may test previously created resistance zone of 1836 - 1895. Any breakout above resistance zone could lead to fresh up run in stock. Stock is fundamentally good therefore entry can be made on dips.
Linde India nice breakout , volume clearly visible even during Linde India nice breakout , volume clearly visible even during consolidation
LINDEINDIA (Positional Study)LINDE INDIA LTD.
Chart Structure:
- Price approaching All-time High.
- From Feb. to April '21 stock rallied about 100% and took a breather of around 20%
- Stock is consolidating for the last 4 months, forming a weak Reverse Head & Shoulder type of pattern.
Volume & Deliveries:
- Last 18 sessions witnessed huge volume activity in the stock.
- Total Traded Quantity from 27th July was 27.71 lac shares.
- Total shares delivered were 14.48 lac shares
- Stock has seen such deliveries before the last rally.
Relative Strength:
- Stock is already RS+ in the longer term.
- It has started outperformance again in a shorter (55) term.
- Spread breakout has happened a week ago.
Financial Performance:
- Co. saw Sales growth of 18% QoQ & 109% YoY
- Co. saw Profit growth of -77% QoQ & 255% YoY
- There was a negative profit growth(QoQ) in Net profit because of 14% tax benefit enjoyed by co. in last quarter & Exceptional income from sale of land, due to which the NP & EPS shot up unexpectedly.
- While comparing PBT, we get a 3% growth
Why stock might go further up?
- Linde produces industrial gases required for the Manufacturing of Steel along with other industrial gases.
- From April to June Steel Production in India has gone from 8300 MT to 9400 MT which is further expected to increase.
- Manufacturing PMI data also saw an increase from June to July (almost 15% in value)
- With the tailwind in the steel sector (which indicates an increase in steel production in coming Quarters) Linde might also benefit from the same.
LINDE INDIA TARGET UPDATE 17-8-2021Look fresh in range 1770-1845 for upside 2050-2400-5000 med to long term with SL 1500..!!
