This has reference to my previous study on HAL dated 16 Feb 2023 and the chart detailed above. The scrip is now coming to the entry level . One can enter the trade after price action only and set targets as detailed in the chart.
#HAL formed a tripe bottom at 2400-2420 range and after that has broken out of trendline. HAL touched al time high at 2811 on 6th Dec'22 and corrected from there to 2411 within 20 days on 26th Dec'22. Now current market price is 2509 with subdued volume till now. But looking at the fundamentals volume will increase after this breakout and one can buy it here or...
Defence Sector in India is in a sweet spot, with production and exports set to double in 3-4 years as per GOI's targets. HAL is the juggernaut in this space, and while the expansion will primarily benefit Private players, the assembly work for the final piece will be monitored by HAL mostly. I strongly believe that the technical setup and fundamental outlook...
Hey, do you like profit then your search is ending now Today we are having NSE: HAL We have already seen that the chart is showing us weakness in the past few days but the bump and run patterns have occurred and now you could see a downside What we have found by analyzing the chart 1. A Bump and Run has occurred 2. The Chart is making dojis and it can make a...
Bearish ABCD Pattern is active in Hindustan Aeronaut. If the momentum remains active then we might get chance of Shorting near Extreme CRAB PRZ Levels
forming a rising wedge, if breakdown its level likely to come post Covid recovery level, there is a huge divergence as well , which will resolve if it comes back to 1300 level , which is approx. 50% of wedge's breakdown target. Also seems 5th of 5th Elliot wave pattern.
HAL Stock after giving good breakout, retraced to its breakout levels and then again started Upside movement. Showing good example of breakout, pullback, retest and continuation. Buy at CMP also with positional view for minimum 3-5% targets. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
📈 Hindustan Aeronautics Ltd. (HAL) 📉 This Stock Broke out from a Resistance zone of 1460-1480 after testing five times this range on upside with a strong green candle. If you look closely it has spend around seven months below this level. So It makes this Strong breakout. Bias - Long Target - 1600, 1700, 1800 SL - 1394 RR- 1 : 2.5 All Important Supports and...
HAL Long Whenever this scrip has taken a support and bounced from 5o DMA with good volumes it has taken swing of average 25%-30%. 50 DMA is acting has a good support for the srip. CMP: 1524.3 Buy on Dips SL: 50 DMA. Target: 1725
all time high at weekly time frame keep this on your radar
The scrip has been consolidating well and soon going to enter a congestion zone for an either side move. My bets are on long side with minimum upside of 1680-1720.
HAL - Hindustan Aeronautics Ltd. Entry Price - 1440-1460 Target 1650-2000-2250-2500 Stop Loss - 1370 Disclosure - No Trade Recommendation.
HAL had given a breakout from a inverted head and shoulder pattern which is extremely bullish pattern. Also, positive MACD crossover is visible and RSI breaching above 60 again a positive sign. Volume is also supporting the up move. Pattern target of 1650 could be seen.
A Stock to Keep on Watch, With the recent russian invasion of Ukraine, This sector has came in limelight.
This stock has given good breakout on daily time frame as well as on weekly time frame, along with a good intensity of volume, this is a newly listed stock and it is moving up impulsively, RK's Magic indicator is also suggesting to go long for forthcoming weeks, Overall Wave Structure is also suggesting same on weekly Charts, all trend indicators are also aligned...
Hindustan Aeronautics is an Indian state-owned aerospace and defence company Current price is less than the intrinsic value Stock offers good dividend returns Low probability of default in next 12 months In last 3 months, mutual fund holding of the company has increased by 1.10% PE Ratio 15.09 Largecap With a market cap of ₹48,892 cr, Stock is 1.89x as volatile as...
Hindustan Aeronautics Ltd - 04.03.2022 The stock is trading @ 1372 levels There is a SUPPORT @ 1320 levels There is a RESISTANCE @ 1430 levels The prices are above EMA RSI is 56 in Weekly Chart Watch out for the price actions
HAL <#MONADAY> <#SHORT> { whenever it breaks 1409 it has always fallen further tomorrow if the market opens gap-down then, short HAL trigger price:1397 TARGET: 1378 STOP LOSS:1410 } HAPPY TRADING;