HAL trade ideas
LONGA small downward trend is expected however, there is a strong support and hence a head and shoulders pattern can be formed.
HAL stock is not going to move anywhere anytime soonThe stock is backed by good results but personally not sure if it will make it above the trend line.
hal kya he janab kaHal is having supply zone around 840-860. If holds this as resistance then we might see 580 level. I have buy position from 810 level in the counter.
BuyBuy at 790-787 sl 760 target 855.
Disc : It's not an advise to buy or sell. I have position in counter.
HAL BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
Will HAL bounce high with its HAWK ? Check out!!HAL has broken the technical indicators due to the sudden OFS introduced by the company & opened Gap-Down. Then the price also started falling down due to the traders who were booking their losses. Then came the quarterly results and made the price fall even more and that's why most of the retail investors got trapped.
So, this analysis may help them clear their mind about the stock price whether will it go up or not?
Now technically and psychologically the price is around the strongest support and I have managed to find good levels upside with the help of Fibonacci and buying may occur but we have to be careful.
1) If the price sustains the Orange zone with good buying volumes & if price takes out both Pink & Green trendlines in 4Hr & 1 Day time frame with much good buying volumes than previous ones then it may have the potency to achieve the given targets. If 906 level is also taken out in 4Hr & 1 Day time frame then price will move towards 1005 range.
2) On the contrary if the price is unable to take out the trendlines along with the Orange zone then this will act as resistance zone & will continue its downside to the 710 level.
3) If 710 level is not sustained then there may be more fall to the Green zone which will lead the price to go into consolidation for 1-2 weeks atleast. And from there, a big bounce upside may occur till the levels mentioned if sustained in the zone with good volumes and good RSI.
4) On the contrary, if the price couldn't be sustained in the Green zone & selling volumes are more than buying & negative divergence is created on RSI then price may fall further.
5) Right now RSI is in the totally oversold zone so buying may occur!!
6) Fundamentally the company is very good, under the influence of the government. The company deals with the production of Aircrafts, Helicopters, Rockets for ISRO, Jet engines, Power turbines, Avionics accessories, Cryogenic engines basically deals with Energy & Defense sector.
7) The point of all this is due to increasing tensions on the border between INDIA & CHINA, the Defense sector is in the news and in the coming future, we may see an increase in demand for this sector including stocks like BHARAT DYNAMICS, HAL, L&T, BEML, BHARAT FORGE, etc.
8) As an investor, buying this stock while it's falling will the best strategy for the long term gains.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS!
ThankYou!!
Watch Out HALHAL has been facing resistance from 200 EMA from last few sessions. If it closes above the resistance level today, A potential up move has implied. (As volume for the day is already greater than the last 20 day average volume).
Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
HAL Buying area still far;
We have an Upward Impulse complete and now Correction is forming;
Wave A downward is complete;
Wave B upward yet to start; This is the area to book profits and then wait for the Wave C to complete in the downward direction;
There is a Potential Demand formed at the bottom which is the most reliable area to Buy;
HAL forming Head and shoulder Right shoulder is yet to form and in last session it has started forming right shoulder so you can go long for trade of pull back at cmp for tgt 930 sl-810
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HAL - Bullish viewThere is a gap that has to be filled, as it is trading in a very linear range, breakout to the upside possible. Keep a very small stop loss as I see only an upside to this stock. Personally entered the trade at 840.
This is just my view, please don't take a trade based on this. Kindly do your own analysis before entering any trade.
HAL - 4H TF - Bullish BatBullish Bat pattern forming on 4H Chart of HAL. BUY 892-893, SL 824.9, Target(s) - 950, 965.
Hindustan Aeronautics Limited - Key Demand ZoneHindustan Aeronautics Limited is trading in a crucial demand zone
It looks like a really attractive bet for short term
With a Stop-loss of 825.00 on a daily closing basis
One can look to initiate long positions on the same.
HAL BUY FATAPHAT CALL FOR URGENT SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
28 AUGUST HAL SHORT SELLDisclaimer: We Are Not SEBI Registered.
All Information on chart are for educational purpose.
SELL @ 1007 TGT 980,960+++
SL 1020
HAL looking good on chartHAl has given a nice breakout with all time high.
Traded with huge volume.
1800 Target can be achived soon.
Keep a watch on it
