Technical View: • HAL is in its primary uptrend and was going through it's secondary downtrend since it touched life time high of 3,428. • After touching the life time high of 3,428 on 11-Mar-2024, it has retraced 15% to 2913.6 level. • HAL has broke out from its secondary down trend on 21-Mar-2024 with higher then average volume. • HAL has also broke its 3 months old resistance placed at 3,079. • RSI is above 50 at 51.28 and MACD is above 0 at 17.61. • Looking strong to start a new swing from here.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
ノート
1-Apr-2024 -------------- LTP: Rs. 3403.35 1st target of Rs. 3,428 reached. 9% up from suggested level. NEXT TARGET: Rs. 3,745
ノート
20-Apr-2024 -------------- LTP: Rs. 3,751.30 (on 19-Apr-2024) 2nd target of Rs. 3,745 reached. 20% up from suggested level. NEXT TARGET: Rs. 4,260
トレード終了: 利益確定目標に到達
06-May-2024 --------------- Closing the call. Broke down the secondary uptrend line. LTP: 3,816.40 P&L: +22%