CuriousChartist

LINDE INDIA - Awaiting Breakout !

Pembelian
NSE:LINDEINDIA   LINDE INDIA LTD
This chart is on the request of a well wisher. Credit to him for spotting another good chart after Kirloskar Ferrous.

While the stock has run up quite a lot, one may think that it has reached a point of saturation but I believe, the stock is turning around again to form a continuation pattern (Flag Pattern / Pennant pattern) and the journey continues.

This could be a very explosive stock "if it breaks out with good volumes". This stock should be on everyone's watch list in the coming days.

I will update the thread on the quality of its breakout if and when it does.

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