HAL on daily chart making a rounding bottom pattern breakout and looking to extend the move and supported by the volume and MACD line is crossing from below the signal line. Secondly the Bollinger Bands are getting wider.
Gov is waiting to liquidate it's 15% stake in HAL once the price touch 1500 or arround Gov will sell and this will crash 15% down. The same happened last year in the month of Aug 20, the price crashed frm 1450 to 850 after gov sold 15% state. Hahaha
Vipuljain5
⋅
@pawanmanan15, Yup this could happen but will give another buying opportunity to get the best of PSU sector.