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HINDUSTAN AERONAUTICS LTD
Long
Jan 27, 2022
HAL projected price on Valentine's Day
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The price projection for HAL is a 45 day period view, at the time of the analysis we are the 27th Day of the analysis.
Phase 1: HAL made consecutive lower highs for more than 20 days before the trend was finally broken.
Phase 2: The new downward trend was not sustained as the new low after the marker low (The low that broke the previous trend) was a higher low.
Phase 3: Extending the central line of the phase 1 channel puts the projected price of HAL at 1513 on 14th Feb
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