Hindustan Aeronaut Limited -1-Short & Mid term view
HINDUSTAN AERONAUT, CMP: 3872.90; RSI: 59.88,
This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script may slip into a momentary consolidation phase and plungs down to 3650 to 3450 levles. This levles are good accumulation zone.
Short term Target : 4035-4100
Accumation Zone: Between: 3450-3650
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This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script may slip into a momentary consolidation phase and plungs down to 3650 to 3450 levles. This levles are good accumulation zone.
Short term Target : 4035-4100
Accumation Zone: Between: 3450-3650
✅Like and follow, boost to never miss a new idea!✅