HAL looking good on the charts
Stock in its blue sky zone
Target 3440-3460
Stop loss 3350
I am just representing my views
For educational purpose only.
HAL broke above 2 patterns on hourly charts:-
1) triangle pattern
2) rounding bottom pattern
with decent oi build up.
Could be bought with mentioned stoploss & target.
HAL Looking good to short at current level. Recently stock has risen drastically since past two weeks. Stock has stopped to rise and looking good candidate to short. we can consider recent high as stop loss which is 1932. Rsi of stock is also at overbought zone.
