Parallel Channel Support + Important psychological level close @ 17000 - Can Bulls Come Back ? Holding above channel, Index can bounce to levels mentioned below
Target 1 - 17300
Target 2 - 17450
Target 3 - 17620
Target 4 - 17690
Target 5 - 17800+
Last Idea - Ending Diagonal At 17795 - Fall...
Ascending triangle with lot many confirmations of the upcoming move. All the conditions have confluence one another for a perfect breakout. Good Risk to Reward. And a perfect setup like a sniper shot. The Bulls are ready so are we.
A big breakout in HAL from the symmetrical triangle and there is plenty of upside left in here.
The stock is running aimlessly since the announcement of Indian Authorities sourcing defense equipments locally for foreseeable future.
And HAL probably is the best listed entity for this sector. Stock just broke out for a symmetrical triangle and will continue it's...