BALMLAWRIE trade ideas
BALMLAWRIE - Resistant BO with strong volume. #Balmlawrie - Resistant BO with strong volume.
TL tested and waiting for BO further.
Safe traders can enter above BO.
#SWING #Positional
Balmer Lawrie Positional ViewAs its clearly in uptrend and making HH and HLs , we should accumulate this stock till 108 and it has chance of possible upside till 120
Short Term Pick: 30%-40% in 3-5 MonthsShort Term Pick: 30%-40% in 3-5 Months: Looks great above 208. Enter with confirmation when price comfortably closed above 208 on weekly basis. Could reach up to 250/275/300
#BALMLAWRIEMust close at >279.50 today (10/11/2017) for a weekly Box Breakout
CCI D/W/M >100
Volume interest
Target 340 / 420
Duration 4-5 months
will it fill the gap?Bounced off from crucial support with good volume. Will it reach the gap in short term?
Balmer Lawrie : Breaking out of a multiyear range ?Balmer Lawrie has given a breakout of the weekly n daily charts from a multiyear range. Should this breakout sustain, this should head much higher towards 800 levels.....
