HAL trade ideas
Doesn't look good for HALHAL has broken a strong support downwards.
Keep this on radar. Stock looks weak.
Please like and follow. NSE:HAL
HALHAL: Looking Good
Cup & Handle Pattern & Bullish Breakout 1065
Buy Above 1065 Add Until 915 Stop-Loss 900
Target 1200-1300-1400-1500-1600+++
Positional Call
HAL is in Cup & Handle Pattern HAL is in perfect Cup & Handle Pattern, strong Volume present near breakout level.
Waiting for breakout.
Hindustan Aeronautics chart analysisHindustan Aeronautics chart analysis for intraday and swing trading
HAL Following Fibonacci RetracementsOnly some charts follow Fibonacci Retracement levels this beautifully. Keep a watch on this as Retracement Levels will act as good Support and Resistance levels in the future as well.
HAL LONG SWING TRADETRADE SETUP : The stock broke out from a bullish flag pattern on a daily chart on Jan 13th. RSI and ADX also suggest a strong buy. Thus the position can be initiated between INR 927-930.
Stop-loss is currently set at INR 897.
Our aim is to take ~12% and might revise our profit goal once the stock hits INR 1,045.
NSE:HAL
HAL Best Entry for swing as well long term as per my analysis best time to take position as on daily chart it closed above SMA 20, On weekly and monthly RSi is positive too.
Flag pattern can be seen
HAL is ready to fly ?HAL has crossed an important resistance zone, with the volume being expanded for the day. It's like face next resistance at 1000 levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
HAL: Chart set up and viewHAL
Closing Price 842
Observations
- Multiple support levels between 747-823
- the set up has the potential to scale up to 1020-1064
- any dips towards 780 could be tempting to enter fresh Long position
Take care & safe trading...!!!
HAL Important trendd-lineAll the details about the trend-line are given in the chart.
Keep this on radar.
Please like and follow.
NSE:HAL
