Friday, 2 December 2016

Balmer Lawrie & Company-Hot Stock

Balmer Lawrie & Company is looking very good on chart. This stock is currently trading at Rs.973/- on NSE with  huge volume of almost 2 times more that its monthly average volume and its delivery volume is about 48%. One should buy it with strict stoploss of Rs.963/- for intraday  target of Rs.997/-. Short term Investor should hold this stock with stoploss of Rs.865/- for short term target of Rs.1150/- to Rs.1200/-. A strong momentum may be seen in coming days with huge volume. One should hold it patiently with above said stop-loss. In current scenario It is looking good.  It's dividend track record is also very good. One should hold it definitely for long term. This stock has good potential to become multibagger from this level. This company is in the Packaging  Sector and this whole sector is looking very strong. Fresh Momentum  in this stock should  come soon. 


 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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