Balmer Lawrie & Company Ltd is engaged in the business of Industrial Packaging, Greases & Lubricants with solid fundamentals listed below
ROCE 15.6 %
ROE 14.7 %
HIGHEST EVER PROFITS and SALES
TECHNICALS -
The stock in past has formed various small patterns and respected them very well majorly cup and handle and inverse head and shoulder which lead to an unprecedented rally in the stock however in the recent period the stock has been in consolidation phase lately and a small rounding bottom is being formed which can yield pretty decent returns in short term
TARGETS 1 -318
TARGET 2 - 406
28% IN 10-12 WEEKS OR LESS
ROCE 15.6 %
ROE 14.7 %
HIGHEST EVER PROFITS and SALES
TECHNICALS -
The stock in past has formed various small patterns and respected them very well majorly cup and handle and inverse head and shoulder which lead to an unprecedented rally in the stock however in the recent period the stock has been in consolidation phase lately and a small rounding bottom is being formed which can yield pretty decent returns in short term
TARGETS 1 -318
TARGET 2 - 406
28% IN 10-12 WEEKS OR LESS
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.