LINDEINDIA

– Momentum Continues After Breakout

Linde India has moved beyond its breakout phase and is now firmly in a trend continuation mode, with the stock currently trading around ₹7296. The earlier resistance near the 6900 zone has been convincingly taken out, and the price is now sustaining above it — a strong sign that the breakout is valid and backed by real buying interest. Technically, the stock is trading above all key moving averages and maintaining strength near the upper band of its recent range. This indicates that momentum is still intact, with no immediate signs of exhaustion. The ability to hold above previous resistance levels suggests that these zones are now acting as support, providing a solid base for further upside. From a trading perspective, the focus now shifts from breakout entry to trend participation. As long as the stock holds above the 7200–7250 zone, the structure remains bullish, with potential upside towards 7600 and 7900 levels in the near term. Any minor dip towards support levels can be seen as a buying opportunity rather than a sign of weakness. In summary, Linde India is showing healthy price continuation after a strong breakout, and the overall setup favors a bullish stance, provided key support levels continue to hold. Disclosure: I and my immediate family members have no financial interest or ownership in the securities mentioned. Disclaimer: I am a SEBI Registered Research Analyst. This report is for information only, not investment advice. Markets involve risk; past performance is not indicative of future results. Please consult your financial advisor before acting.