HAL trade ideas
Downtrend and Horizontal breakoutA proper downtrend breakout with retest and also a horizontal breakout has occurred. Can be bought for a short term target of 1070.
Also a fundamentally good stock.
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Happy Trading :)
Cup and Handle pattern in Hindustan Aeronautics limited(HAL)Hindustan Aeronautics Limited(HAL) has formed Cup and handle pattern in the weekly timeframe. Though it has managed to close above the trendline for the week, it formed a Doji candle. One can wait for confirmation in the Daily/Weekly timeframe before entering into the trade.
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 - Rounding BottomRounding Bottom forming on Daily Chart of HINDUSTAN AERONAUTICS. BUY above 1066 -> 1085, 1100, 1020-25, 1150 for Intraday. BUY 1066.10, SL 989.90, Target(s) - 1150, 1200. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HAL- Cup and Handle BreakoutHAL has given Cup and Handle Breakout on weekly timeframe after taking support at AVWAP. Can move towards 1475-1500+ levels
HAL is forming Cup with handle PatternHAL is forming Cup with handle Pattern
Buying Position mentioned in the chart
HALHAL - Cmp 985
Breaking out from its consolidation phase. Looks good for long as long as sustains above 975 for initial targets of 1020/1040.
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.
