balmlawrie in buyfundamentally its in under value also near margin of safty
the zone is retracement demand zone so it may react in this zone
NOTES: WE CANT POST ANY ACCURATE ENTRY ON PUBLICE DUE TO SEBI RULES
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BALMLAWRIE trade ideas
BALMLAWRIE in Buywe predict dec 2024 in fundamental and financial analysis it will come under 158,
now you see the result u can sip on this stock, its high dividend yield stock
Technical Analysis Report: Balmer Lawrie & Co. Ltd.Overview:
Balmer Lawrie & Co. Ltd. is showing key technical setups, offering potential trading opportunities. Here's a concise breakdown based on the daily chart analysis.
Key Observations:
1.Fibonacci Retracement:
The stock retraced to the 0.5 level at INR 225.00 and rebounded from the 0.382 level (INR 202.40).
2.Chart Patterns:
An inverse head-and-shoulders pattern signals potential reversal, with a target of INR 263.45 if INR 249.54 is breached.
3.Moving Averages:
Near-term support: 20-day EMA (INR 232.30) and 50-day EMA (INR 238.84).
Resistance: 200-day EMA (INR 245.56), aligning with the pattern neckline.
4.RSI Momentum:
RSI at 58.36 suggests mild bullish momentum, with room for upside.
Key Levels to Watch:
Resistance: INR 249.54, INR 263.45, INR 279.95.
Support: INR 238.00, INR 225.00, INR 202.40.
Potential Scenarios:
Bullish: A breakout above INR 249.54 could lead to INR 263.45 and potentially INR 279.95.
Bearish: A rejection near INR 249.54 may push prices back to INR 238.00 or lower.
Volume Analysis:
Rising volume indicates renewed buying interest, supporting a bullish outlook.
Conclusion:
Balmer Lawrie & Co. Ltd. is poised for a potential breakout above INR 249.54. Traders should monitor key levels closely and manage risk accordingly.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Conduct your own research before investing.
BALMIER LAWRIE- accumulatewe might have reached short term bottom --LRHR stock . Positive div in hourly chart once crosses trend line i.e 231 will show real power .Company has been generous in giving bonus as given in 2013, 2016 and 2019 and now due again as company has raised dividend . As A, B ,C is over and 4th might have ended here as fibo ext also shows short term important level. Accumulate for decent return.
Balmer LawrieBalmer Lawrie
MTF Analysis
Balmer LawrieYearly Demand DMIP 170
Balmer Lawrie 6 Month Demand BUFL 170
Balmer LawrieQtrly Demand Breakout 200
Balmer LawrieMonthly Demand DMIP 251
Balmer LawrieWeekly Demand 273
Balmer LawrieDaily Demand DMIP 267
ENTRY -1 267
SL 260
RISK 7
Potential Target 380
First Target Points 320
First recovery Target Points 60
Last Swing Low 260
Last Swing High 320
RR 9
RR 42%
Balmer Lawrie & Company LtdCMP-288.75
Looking good for swing trade and short term for 15-20% upside possible.
-QOQ profit increases YOY also increases.
-Company is almost debt free.
-Current PE is less than IP.
- Volume BO
Balmer Lawrie - The Bulldozing Lorry :)Balmer Lawrie - PSU Pick - Comparison on Monthly Vs Daily
*Monthly:* Rounding Bottom Breakout done for Target of 330. After BO, price completed 1st Target of 275 and had a FIB 50% Retracement back to the BO Zone. Next Fib Targets are 385, 495
*Daily:* On Daily, Price has Broken out of Textbook Inverted Head and Shoulders Pattern - for Target of 330 which is precisely matching the Rounding Bottom BO.
See How one pattern leads to Another ?
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
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-Team Stocks-n-Trends
ATH Breakout possibleAdd at 150-152. Get ready for bigger move above the ATH. Add in dips and hold for min 250+
The Bulldozing Lorry - The unstoppable "Balmer Lawrie"Balmer Lawrie is a Mini Ratna PSU stock - a conglomerate under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Balmer Lawrie has presence in both manufacturing and service sectors. Market leader in Steel Barrels, Industrial Greases & Specialty Lubricants etc...
The first call was given around 150-155 levels for a Cup and Handle BO in Weekly. In an attempt to reach the Weekly C&H Target - lawrie has formed a Fresh Rounding Bottom pattern on Monthly and BO was already done in Dec 2023.
Today the stock reach new ATH with 7% increase and heading closer to 1st target of 270. the Fresh RB Monthly Target is 330.
Stock is already 60% above the entry price and bulldozing all resistances and heading for larger Targets. keep holding your winners.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Full paise usulThis stock moving at Life time high level
Good volume
Market fully upside move
Take advantage in bulish market
No recommendation for buy and sell
Take own risks
BALMLAWRIE: Trade at the Demand Zone🚀 !
BALMLAWRIE, situated at a 5-minute demand zone, presents a rapid trade opportunity. Let's dive into the analysis:
Key Market Positioning 🕒:
Execution (5 min): Currently in a 5-minute demand zone—optimal for quick entry.
Intermediate (75 min): The overarching trend is bullish on the 75-minute chart.
Daily: Reacting positively from its daily demand zone, indicating potential for an upward movement.
Trade Strategy 🚀:
Entry: Plan an entry at the 5-minute demand zone.
Target: Set sights on the 5-minute supply zone marked on the chart.
Trade Duration: Expect this to be a swift trade given the short time frame.
Why It's Opportune 💪:
Upward Trend on Daily TF: Daily chart showcases positive reactions from the daily demand zone.
Potential Upside: The stock has the potential for an upward trajectory.
📝 Note: This analysis is for educational purposes only. I'm not a SEBI registered analyst.
Trade Smart, Trade Swiftly! 💹✨
Balmer Lawrie- Potential BreakoutNSE:BALMLAWRIE Potential breakout chart setup on weekly timeframe with positive setups.
balmeir lawrieBALMEIR LAWRIE---DAY CHART --buy near to 142-43 price is inclusive of div Rs 7.50 and expected bonus in future as board meeting had postponed bonus some months back but going forward inverse head and shoulder pattern seen in weekly chart and price target of 174-180-184 can be expected.
Balmer LawrieFalling Trendline BO retested and confirmed. Inverted H&S BO done. Also, stock is trading above its 10 dema.
CMP: 130
T1: 153+ (inline with Fibonacci targets)
SL: Closing below 115
Balmer Lawrie on verge of BreakoutStock is now trading above its 10 dema, gaining momentum. Triple rounding bottom can be completed soon. RSI strengthening. Stock is also trading above its falling resistance trendline now.
A swing upto initial target of 150 can be expected soon.
T1: 150
T2: 165
SL: 120
Balmer Lawrie Triple Rounding Bottom FormationBuy Balmer Lawrie at CMP, triple rounding bottom (weekly) breakout on the verge. RSI strengthening.
Keep SL below 113 (closing).
T1: 150
T2: 165
Balmer Lawrie - Wave 4 UnfoldingIn Daily stock completed Wave 1 - 2 - 3
Current Wave 4 Unfolding
Since wave 2 was deep, chances are wave 4 will be flat
Near term resistance and wave 4 unlocking may happen near 120
Post that stock has minor resistance at 130
Den straight away to 150
Keep an eye
BALMER LAWRIE (LONG)W pattern in making after that ready to move up
took support many times
Buy Between 129 -133
SL 124
TGT 141-146-151-170
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
