LINDEINDIA - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 3.6

📊 Linde India Ltd (LINDEINDIA) — Swing Trade Analysis

Linde India is a high-quality industrial gas company with strong long-term fundamentals, but its current valuation and technical setup make it a moderate candidate for swing trading. The stock has recently exited a corrective phase and is showing signs of a potential reversal, but confirmation is still pending.

✅ Strengths

Fundamentals

Near-zero debt (Debt/Equity: 0.01) — financially sound

Consistent quarterly profits (PAT: ₹118 Cr vs ₹116 Cr)

ROCE: 16.9% and ROE: 12.4% — decent efficiency

EPS: ₹53.3 — stable earnings

Technical Setup

Recent breakout from a double-bottom pattern near ₹5,500

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Support zone confirmed between ₹5,300–₹5,600

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Trading near demand zone of ₹6,380–₹6,530

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⚠️ Weaknesses

Valuation

P/E: 124 vs Industry PE of 64.5 — significantly overvalued

PEG Ratio: 9.08 — poor growth-adjusted valuation

Momentum Indicators

RSI: 41.9 — weak, not yet signaling reversal

MACD: -84.3 — bearish momentum

Volume: 14K vs avg 21K — low liquidity

Institutional Sentiment

FII holding down by 0.12% — mild selling pressure

🎯 Optimal Entry Price

Entry Zone: ₹6,380–₹6,530

This aligns with a fresh demand zone

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Wait for RSI to cross 45 and MACD to flatten for confirmation

Avoid entry above ₹6,750 unless breakout is supported by volume

🚪 Exit Strategy (If Already Holding)

Short-Term Target: ₹7,200–₹7,500

Based on resistance zones and Fibonacci retracement

Stop Loss: ₹6,200

Below recent support and neckline of breakout pattern

📌 Summary

Linde India is technically recovering from a deep correction and has formed a solid base. However, its high valuation and weak momentum suggest caution. It’s suitable for swing trading only on confirmation of reversal near ₹6,380–₹6,530. If already holding, consider exiting near ₹7,500 or trail stop loss to ₹6,200.

You can track live chart setups on TradingView

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or explore multi-timeframe indicators on JustTicks

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in.tradingview.com

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in.tradingview.com

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www.tradingview.com

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justticks.in

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