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Technicals for Linde India Limited
By MusingTheNews
2025-08-13 20:46
Overall Technical outlook
Price Summary
2025-08-13, saw LINDEINDIA's stock open at 6215.0, hit a peak of 6291.5, fall to a low of 6199.5, and close higher 0.18% at 6226.0, with 10292 shares changing hands. In the 52-week period, the stock's peak price is 8682.25, and the lowest price recorded is 5543.15.
Technicals
Support and Resistance: At 6226.0, the price for LINDEINDIA is supported at 6083.5 and resisted at 6324.9. This indicates a trading range where 6083.5 serves as a support level, potentially preventing further decline, while 6324.9 could limit upward movement. Support/Resistance for LINDEINDIA
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Linde India Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward crossover suggests that the market may be recovering from oversold conditions, indicating a potential shift in momentum. The move could signal the beginning of a recovery or a weakening of the bearish trend, with the possibility of a more positive outlook on the horizon. Bolinger Bands chart for Linde India Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for LINDEINDIA. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Linde India Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while staying below 20, often considered the start of a bullish move. This setup suggests that the market may be in the early stages of a recovery, potentially leading to an uptrend for LINDEINDIA. Traders could view this as an indication of potential gains. Stochastic chart for Linde India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for LINDEINDIA, with no strong trend emerging. Tripple SMA chart for Linde India Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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