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Technicals for Linde India Limited
By MusingTheNews
2025-06-13 20:44
Overall Technical outlook
Price Summary
On 2025-06-13, Linde India Limited's shares started at 7160.0, peaked at 7373.0, bottomed out at 7092.0, and ended -0.34% down at 7135.5, with 28585 shares traded. The stock's highest price in the past 52 weeks is 9267.65, while its lowest price during the same period is 5543.15.
Technicals
Support and Resistance: The price is currently at 7135.5, supported by 7054.0 and resisted by 7520.0. This indicates a range where 7054.0 may provide a base for the price, while 7520.0 serves as a cap on further upward movement for LINDEINDIA. Support/Resistance for LINDEINDIA
Aroon: The AROON indicator reflects a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed for LINDEINDIA. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The persistent low reading of the Aroon Oscillator underscores the likelihood of further declines. Aroon chart for Linde India Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Linde India Limited
Parabolic SAR: The PSAR continues its bearish trend for Linde India Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Linde India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Linde India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for LINDEINDIA are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Linde India Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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