HAL has failed one of the most successful pattern HEAD and SHOULDER today, with CMP 2663. With support at 2526, It may shoot to the target of 3030 in no time ( Weekly TimeFrame) as its PE Ratio is just 14.12 as compared to Industry PE Ratio of 37.31. As the chart has already broken the resistance with a very high margin, it may or may not retest the support. SL 2525
Comment:
We are reaching our entry level.