HALIs it the first sign of top formation in HAL.
parallel channel upper edge is touched from the bottom. Monthly candle is also doji, follow through will be interesting to watch
HAL
HAL up for Swing tradeHindustan Aeronaut Limited: CMP : 4476.85; RSI: 59.24
HAL has completed Intermediate wave-4 correction , and bottomed out at 200 DEMA, motive wave-5 may take the HAL price to 5500-5600 levels, making it a good candidate to accumulate for a swing trade.
Swing Trade Target 1 : 5500-5600
Next Resistance HAL: 4562-4704-4934
Stop-loss: 4100;
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Hindustan Aeronautics Ltd. - Breakout OpportunityDate : 8-Dec-2024
LTP : Rs. 4,559.65
Targets: (T1) Rs. 5,082 --> (T2) Rs. 5,674 --> (T3) Rs. 6,758
SL : Rs. 4,044
Technical View:
• NSE:HAL is in primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 5,674.75 on 9-Jul-2024, it has retraced 31% to 3,920.35 level.
• NSE:HAL has recently breakout from it's secondary downtrend with higher than average volume.
• NSE:HAL is trading above 20 DEMA and 50 DEMA since last few sessions.
• RSI is in buy zone and trading at 62.64. MACD has crossed 0 line and trading at 63.50.
• Both RSI and MACD are showing positive divergence, indicating trend reversal.
• Looking strong to start a new swing from here.
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Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
HAL HAL has breached the resistance level and is currently holding above it, making it a good opportunity to buy during the retest.
HAL 1D PROJECTIONHAL 1D Timeframe Projection.
Daily and Weekly trends are Bullish.
DISCLAIMER: All labeling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
Hindustan Aeronautics Limited (HAL)All major points are marked in Chart.
Strong stock for accumulating in the Support. Get good return in long term.
*Do own research before investing in Equity markets.
HAL - Watch for a Triangle BreakoutThe stock has formed a perfect triangle pattern in 4hrs.
Sustaining above 5480 levels will take it to further highs.
The height of a triangle can be taken as a target on a swing basis.
The near term target is 5580 which acts as a Previous Resistance.
Paras, another stock want to dance, setting up well-Long base BO then
Elections results create volatility but
Setting up again:
-Recovered fast with volumes then red candle on low vol n bounced from 10 ema
-Defence stocks are making good setups
-Good shakeout of 21 ema
-tightness
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
Hindustan Aeronautics Ltd - Breakout OpportunityDate : 14-May-2024
Rating : Buy - Positional Trade
LTP : Rs. 4,074.70
Targets: (1) Rs. 4,275 --> (2) Rs. 4,650 ++
SL : Rs. 3,670 on daily close basis
Technical View:
• NSE:HAL is in its primary uptrend and also going through it's secondary uptrend.
• Within the current secondary uptrend, NSE:HAL has retraced 5% from top and again started the upward journey from 8-May onwards.
• On 14-May-2024, NSE:HAL has broke out from minor down trend line as well as it broke the previous 52 week high with higher than average volume.
• On 8-May-2024, NSE:HAL has closed above 20 DMA and 21 DEMA. Since then it is trading above 20 DMA and 21 DEMA.
• RSI is trading at 68.74 and MACD is trading at 118.49.
• Looking strong to continue the current uptrend.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
Hindustan Aeronautics Ltd (HAL) - Breakout Setup, Move is ON...#HAL trading above Resistance of 4783
Next Resistance is at 5728
Support is at 4020
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Daily Bullish Flag Breakout in PSU Defense stockHi,
NSE:HAL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Hindustan Aeronautics Limited - Breakout OpportunityDate : 21-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 3121.35
Targets: (1) Rs. 3,428 --> (2) Rs. 3745
SL : Rs. 2910
Technical View:
• NSE:HAL is in its primary uptrend and was going through it's secondary downtrend since it touched life time high of 3,428.
• After touching the life time high of 3,428 on 11-Mar-2024, it has retraced 15% to 2913.6 level.
• NSE:HAL has broke out from its secondary down trend on 21-Mar-2024 with higher then average volume.
• NSE:HAL has also broke its 3 months old resistance placed at 3,079.
• RSI is above 50 at 51.28 and MACD is above 0 at 17.61.
• Looking strong to start a new swing from here.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Just a View - HAL📊 Script: HAL
📊 Sector: Aerospace & Defence
📊 Industry: Engineering
Key highlights: 💡⚡
📈 Script is trading in between 2821 level to 3132 level.
📈 Breakout is above 3132 level.
📈 One can go for swing trade only above 3132 level.
BUY ONLY ABOVE 3132
⏱️ C.M.P 📑💰- 3115
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Hindustan Aeronautics Limited (HAL)- Mid & Long Term OpportunityNote: Publishing this 2nd idea on NSE:HAL , in continuation to 1st one (link given below), to provide updated chart and targets.
Suggested on: 23-Aug-2023
Rating: Buy (Mid Term as well as Long Term Opportunity)
LTP on 23-Aug-2023: Rs. 2,015.55
SL for New Entry: Rs. 2,800
Targets Achieved: (1) Rs. 2400 --> (2) Rs. 2600 --> (3) 2915
Next Targets: (4) Rs. 3,079 --> (5) Rs. 3,239 --> (6) Rs. 3,498
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
HAL-LongHAL- Very Strong Volume also it has formed inverted H&S Pattern where we can see the target of around 3250. Keep in your watchlist
Disc- only for education Purpose and a trading recommendation
Hindustan Aeronautics Limited (HAL) - Break Out OpportunityDate : 23-Aug-2023
Rating : Buy
LTP : Rs. 4031.10
Target : Rs. 4800
Exit Plan : Follow the 7/13/26 DEMA cross down on closing basis.
NSE:HAL has given a break out from an Ascending Triangle that has been created since last few sessions. With this it has also break out from it's last known resistance. 7/13/26 DEMA crossover, MACD crossover and RSI above 0 supporting further upward journey and possibility of achieving new highs.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
1000 POINTS FALL IN HAL? INVESTORS BE CAUTIOUSHAL is forming a distribution pattern at the top and one can sell around in supply zone with SL above 3100 for the targets of 2790 - 2750 and if this support zone breaks we expect to see much deeper price as marked on the chart. Investors be cautious at this price.
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InvestPro India
HAL F&P BREAKOUT ON WCBHAL giving #weekly #breakout of f&p
with good volume
trading above 20 week ema
educational idea only
HAL is Bullish 🐂HAL ( Hindustan Aeronautics Limited ) is Bullish as today it seems a high volume in buying side. It already broke its major resistance also.
The target price should be 2393.
Note : This is not any tip or recommendation it is just for learning purpose only. So be careful while investing.
HAL-20.11.2023if trigger line (Brown) goes above 59.79. may reach 68.88, cash price - 30-54
if trigger line (Brown) goes below 53.12. may reach 44.63, cash price - 25-60
HAL F&P BREAKOUTHAL breaking out F&P pattern
good volume strong RSI
MACD crossover done
trading above alll key ema
educational idea
HAL - BELONGS TO DEFENSE BUT READY TO ATTACK Hindustan Aeronautics cmp 3955 has been moving in a range for quite sometime and consolidating. A sustained close above 3975 would trigger next movement for 4300++ from here.
