HAL trade ideas
HAL:- TRADE PALN 24 JUL ONWARDSContinuation pattern (H&S, Inverted ) shaping up in HAL.
Waiting for breakout & confirmation of the pattern!!!
Bullish Volume
Levels mentioned on chart.
Trade Plan:
Entry-– 965.25
Target 1 – 1028
Target 2 – 1083.20
Target 3 - 1153.45
Strict stop below - 896.85
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind,Jai Bharat
One Right Trade's Swing Trade Idea #75 : Buy on HAL oPlease do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
Perfect Continuation Pattern. BREAKOUTA 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 run.
The stock is good for long trades both for traders as well as for investors.
CMP 950.
Entry after a pullback around 925
T1 985
T2 1050
SL 900
Trade and Invest after doing your own analysis
Bullish Flag Pattern in Hindustan AeronauticsHAL has formed Bullish Flag pattern over the last few sessions. If it breakout the flag pattern, we can consider Long in this, with a target of height of the pole.
This is as per my analysis.
Happy Trading.
Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
Go longDefense sector has been highly bullish since Indo-china border tension, Every news is an opportunity for trader
Wait for a correction in price
BUY - 810-823
Target - 901
Stop loss - 798 ( below 800)
#HAL #BANKNIFTY #NIFTY #NSE #BSE #TRADING #INVESTING #COVID19 HAL
CMP: 708.3
Target 1: 789 (20D)
Target 2: 860 (30D)
SL: 630
HAL | BUY 15-May-2020 @ 523
- Tejas to be bought from HAL + Defence FDI incresed
- Weekly bullish engulfing candle
- Daily candle above 20-MA
- RSI breakout + MACD breakout with Histo turns green
- Volume accumulation
HAL is now in a critical place HAL is in a critical zone as if that trend line breaks it will be in a range parallel as that is having greater chance
BUT there can be a upward moving parallel channel if it bounces back and starts to move up
I AM ON NEUTRAL POSITION right now
please tell me in comment section if you find any error and also suggest me which stocks i should analyse
I AM STILL LEARNING
HAL - Bearish Bat - Go ShortHAL has formed Bearish Bat and the potential reversal zone for short is 827.5 - 814.85
Target will be 801.15 and the stop loss will be 830
Disclaimer: This prediction is based on current market condition and it does not guarantee a success in trading.
HAL - BreakoutOne of the very few defence players which got beaten down due to a political tussle pre elections. The govt owes them approx 20,000cr. Def Minister Sitaraman had mentioned orders are close to being confirmed. Always been a profit making company with good margins and good cash flows. Hopefully things get back to normal soon.
Today the stock broke out with 12x volumes and 90% delivery.
Seems more an investor play to go long. But still with a deep SL for if things go wrong again.
HAL at Important JunctureAfter beating down, the stock has shown trend reversal symptoms. If it can break out from the resistance marked, it has potential for 10% returns in very short span.
Published for Education purpose
