The Chart of HAL saw a good price move in the last week with volume. The stock came out of the downward sloping channel.
If we look at the recent low of the stock , it is 38% retracement of the previous up move in the stock. This retracement level will act as a strong support going forward.
IF the stock stays above 4600 in next week, we can expect a short term move of 5100.
If we look at the recent low of the stock , it is 38% retracement of the previous up move in the stock. This retracement level will act as a strong support going forward.
IF the stock stays above 4600 in next week, we can expect a short term move of 5100.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.