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.
This is follow-up on Balmer Lawrie. Can check link to related ideas.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Trade is ON.
Disclaimer: This is for demonstration and educational purpose only.