Balmer Lawrie - Ready for breakout - Should reach 400 Soon!!

Balmer Lawrie & Co Ltd.

https://www.tradingview.com/x/HQ4AvLb9/

Technicals:-
🟢 Volatility contraction
🟢 U/D Ratio 1.8 tells that when volume rises, stock is very likely to rise
🟢 Consolidating since Jan 24 (9 months)


Holdings Insights
🟢 Mutual Funds have increased holdings from 0.06% to 0.07% in Jun 2024 qtr.
🟢 FII/FPI have increased holdings from 2.71% to 3.07% in Jun 2024 qtr.
🟢 Number of FII/FPI investors increased from 82 to 96 in Jun 2024 qtr.
Source - moneycontrol.com/india/stockpricequote/diversified/balmerlawrieco/BLC

Others
-> Dividend date is 19th September
-> Next earnings coming on 7th November


PS:- I am not a SEBI certified professional. I do trading for money and fun and these are my personal analysis. I don't have an agenda for sharing these stock recommendations either. I just love to share
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