Momentumisers: Here’s why Linde India shares have been rising
Linde India moved 5 percent yesterday, March 21. It made a new lifetime high; in fact, it has gained 20 percent in the last 5 days despite the markets being extremely volatile.
Linde India moved 5 percent yesterday, March 21. It made a new lifetime high; in fact, it has gained 20 percent in the last 5 days despite the markets being extremely volatile.
In terms of volumes, the last 5-day average volumes were seen at 2.1 times compared to the one-month average volume. Similarly, deliverable volumes are also 30 percent higher.
The 4 day low is around Rs 2,944 and the 20-day moving average, the exponential, is at Rs 2,900.
Of course, some of the key triggers that some analysts put are expectations of improvement in earnings.
Watch the accompanying video of CNBC-TV18’s Agam Vakil for more details.
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