HAL- Baking a parallel Channel Consolidation
Stock From defence sector . A no debt company near 52 week high. Stock is consolidating for the last 6 months . Recovered almost above110% from its 52 week low. Immediate supports at 2500-2600 levels and resistances at 2680- 2900 levels. Can move nearer to 3000 levels within 1-2 months time. Higher chance for multibagger returns in long run
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