HINDUSTAN AERONAUTICS LTD (HAL)

Two scenarios possible in the stock HAL , a possible downmove towards 2660-2670 levels which is a major support zones
Scenario 1 : A possible bottom formation at support zones of 2660-70 and stock can resume its uptrend and also towards 3000 levels
Scenario 2 : A breakdown of support zones 2660 levels will confirm a double top formation in the stock and can fall towards 2500-2350 levels
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