Hindustan Aeronaut Limited -Chart Analysis

アップデート済
Hindustan Aeronaut Limited: CMP : 5200.25
Buy: 5050 - 5250
Next Resistance HAL: 5313-5320
Short term Target 5693 - 5715 zones (2W times)
Midterm Targets (30 days): 6016 (Target-1);
Stretched target 6381 (target-2)
Stop-loss: 5020;
Strong support: 4685.

✅For more trading ideas like this, please like, share, and follow my Idea Stream✅
トレード稼働中
Hindustan Aeronaut Limited is trading well above its resistance level (5313-5320), now this resistance is working as big time support zone. Stop loss to be revised upwards to 5300 level.

HAL is preparing for the big move and will achieve its Midterm Target (now delayed by 15 days) of 6016 on or before second week of August. Stay invested,
ノート
Negative news ( expectations of high defense budget allocation) flows and profit booking after the Union Budget has dragged the script below the earlier defined stop loss of 5020. The HAL chart is still intact and targets of 6016 will be achieved. HAL has now entered in to a consolidation zone and will remain in this for next few weeks. The revised stop loss for the script would be 4685, breach of this level will make this script, very week and can see a freefall.
トレード終了: ストップロスに到達
Closing the Thread to encompass the recent price correction and will come up with the updated chart studies. However the HAL is good bet to for long term investment at current price.

✅ For more trading ideas like this, please like, share, and follow my Idea Stream ✅
Chart PatternsTrend AnalysisWave Analysis

免責事項