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chandan-jain
Aug 7, 2021 8:40 PM

HAL(Hindustan Aeronautic): Bullish Long

HINDUSTAN AERONAUTNSE

Description

HAL is nearing its 1.414 fibo ratio and has seen crucial resistance here and retested this level multiple times over the past few weeks.
One can accumulate at MP of 1070 and 1030 with SL of 1010 for targets of 1160 and 1190 NSE:HAL

Trade active

Comment

Made a high of 1148 today and sustained above 1100 at day end.

Comment

Made a high of 1175 despite the market crash due to fed tapering without hitting any SL. Traders can go for second tgt of 1190 with trailing SL

Trade closed: target reached

Both targets reached.
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