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Roopesh80
Sep 17, 2020 12:12 AM

HAL - Bullish view Long

HINDUSTAN AERONAUTNSE

Description

There is a gap that has to be filled, as it is trading in a very linear range, breakout to the upside possible. Keep a very small stop loss as I see only an upside to this stock. Personally entered the trade at 840.

This is just my view, please don't take a trade based on this. Kindly do your own analysis before entering any trade.

Comments
Roopesh80
target crossed and sold half of holdings.... keeping the rest for a while, next target 1200
Roopesh80
my entry was not right, but it did bounce back nicely... target 899
Lakhdata
This is not a time for investment 🙏
Lakhdata
Bro leave any technical or fundamental and monitor nifty PE @ 32 so any time market will crash be cautious all this market is on air and hawa ma zyda dar koi bhi cheez nahi rehti its a bubble and one single pin will burst it my view only trade at your own risk🙏
Lakhdata
now what next
Roopesh80
@Lakhdata, still bullish on thos stock, todays' market fall affected every sector, so I'm not looking at this as a sign of weakness in the stock.....However, lets see if there will be a pullback.....
Lakhdata
check out bro what I wrote made low 828.05
Roopesh80
@Lakhdata yeah saw that, my stop loss is at 825.... I hope I'm not wrong, but fear you may be right.... let's see in the coming days
Lakhdata
@Roopesh80, bro I have a good news for you in hourly chart I saw a spinning top with good volume now if your Hal close above 848 with good volume it may go up with sl 832

That is purely my view and not recommended you or any one to buy or sell.🙏
Roopesh80
@Lakhdata, lets see man..with govt announcing increased FDI in defense sector, I'm having a bullish view
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