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Sep 3, 2023 3:48 AM

Balmer Lowrie CMP 169 forming IHnS Long

BALMER LAWRIENSE

Description

BalmerLawrie is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, Logistic Services and Infrastructure, Refinery & Oil Field and Travel & Vacation Services in India.

It is a central public-sector undertaking

Technically chart is showing a formation of Inverted Head and Shoulder formation and now it has crossed the neckline with good volume. CMP is 169 and IHNS is showing an ultimate tgt of 240.

Please do your own analysis before any investment.
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