Focus on HALHal reached all time high and reversed and taken support on channel (which was acted as resistance previously)
Now, it broke out symmetrical triangle patter and retraced which is also seems like a double bottom, wait for the neckline breakout for strong buy signal (looks strong on weekly closing).
on a contrary, if not breached the neckline, it will starts travell inbetween the neckline and channel support.
My view is strong bullish once break the neckline.
HINDUSTAN AERONAUTICS LTD
4,416.50INRR
−90.10−2.00%
As of today at 06:04 GMT
INR
No trades
HAL trade ideas
HAL Continuation of Up trendHAL continuously making new highs & in strong uptrend.
The stock has taken a pause & has formed a base/ascending triangle.
Perfect breakout trade candidate.
Accumulate decline till 2250, that would be the SL.
Once the stock breaks out of the base Move SL jsut few Rs below breakout Bar.
[Positional] HAL Swing BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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YR 2022 Idea #168: Long on HALThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Hindustan Aeronautics will it go up and fly more 🤔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 series of dojis and could be for this week
3. It has left the 20-day moving average way too far
4. Time frame :- 1 Day
5. Like the Post and Follow us on Trading view
Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING 🙏
We are not responsible for any profit or loss
Based on Your Own Risk this is only to show you what's going on
Long HAL, Move is ON.NSE:HAL
Target 1 achieved in HAL. There is more strength in the stock. so target revised.
Here is previous chart:
Bigger Time Frame Chart:
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.
HAL's Flight Ready to Take Off ?This is Daily Timeframe.
Formed bullish belt-hold last day with volume strength. Two bullish candles with no wicks below have formed in last few days.
This can be short term trend reversal point. I'm keeping this stock in my radar.
Thsi post is for information purpose only.
HAL Is it a Nice pick ?NSE: SBIN
If Breaks Then The Targets could be Taken at 1587
Time Frame :- 1 Day
Patterns Name :- Elliott Wave
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING