Linde India (LINDEINDIA)
LINDEINDIA is currently in a Consolidation & Recovery Phase.
After a sharp decline in November, the stock is forming a "Rounding Bottom" structure. The price is currently hovering around the moving averages, suggesting a transition from a bearish to a neutral trend.
Strong base formed at ₹5,700 - ₹5,850.
Immediate hurdle at ₹6,250. A sustained move above ₹6,400 is required for a fresh bullish rally.
The narrow range suggests a big move is coming, but confirmation is needed above the recent swing high.
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