natarajanshankar

BALMER LAWRIE- Swing trade

Long
NSE:BALMLAWRIE   BALMER LAWRIE
Balmer & Lawrie is in critical trendline support region. It can move upto 160 in upcoming weeks.
Its good for Short term Investment or positional traders. Additionally, the Corporate has announced Rs 6 per share dividend can lift the stock price till the Ex dividend date (17 Sep). Its good to hold the stock until it breaks the Trendline on downside.
Kindly share your valuable feedback.

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