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HAL

Just a View - HAL📊 Script: HAL 📊 Sector: Aerospace & Defence 📊 Industry: Engineering Key highlights: 💡⚡ 📈 Script is trading in between 2821 level to 3132 level. 📈 Breakout is above 3132 level. 📈 One can go for swing trade only above 3132 level. BUY ONLY ABOVE 3132 ⏱️ C.M.P 📑💰- 3115 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:HALLong
by radha_23
HAL | Day trading | 10-24-2023 | ER dayNYSE:HAL *I'm already long based on Option flow and money flow and the last 3 months Oil prices before the earning day. Trend & Moving Averages: The stock has been on a downward trajectory recently, as evidenced by consistent lower highs and lower lows. It has been trading below the orange and blue moving averages, reinforcing the bearish trend. However, there is a sign of potential consolidation or reversal, as the stock price oscillates around the moving averages in the recent few candles. Support & Resistance Levels: Bullish Line at 41.91 USD: This seems to be a recent support level. The stock has bounced from this area a couple of times, suggesting its importance. Target Price 1 at 42.29 USD: This is a minor resistance level. If the stock can break and hold above this, it might aim for higher levels. Target Price 2 at 42.94 USD: A significant resistance level. If the stock can break through this, it might confirm a bullish reversal. Target Price 3 at 43.43 USD: This is the next potential target if the stock can sustain its momentum after breaking through the previous resistance levels. Volume: There's a noticeable spike in volume on the last candle. The increasing volume might suggest heightened interest or activity in the stock, but it's crucial to determine the nature (buying/selling) of this volume in conjunction with price movement. Ichimoku Cloud: The stock is trading below the shaded cloud area, typically seen as a bearish sign. For a bullish confirmation, one would like to see the stock price break and maintain above the cloud. Potential Reversal Indicators: The stock's recent behavior around the moving averages and its approach to the resistance levels might suggest a potential change in momentum or a period of consolidation. This needs to be watched closely, especially in conjunction with volume and other technical indicators. To conclude, while Halliburton Company has shown a bearish trend recently, there are signs of potential consolidation or a shift in momentum. It's essential to keep a close watch on how the stock behaves around the mentioned support and resistance levels.
NYSE:HAL
by shkspr
BKR: Energy stock has room to out-perform Oil related equities demonstrate impressive relative strength to the rest of the sectors, occupying 6 out of 10 best performing market groups. HAL - is one of the best stocks in the energy sector, with impressive consecutive earnings and sales growth 4 qrts in a row and double digits growth in eps estimates. Beside strong fundamentals, I always look for the price to establish reliable basing pattern with low risk entry point. Preferably I want this pattern to fit well into the larger elliott wave context, having upside potential within the price structure. Within the structure from 2020 lows, I can see at least one more move to the upside into 40-45-47 area of larger resistance. Trading plan: if price manages to break out above Friday's highs with volume rising above average, I will be planning to start building the position with 3-5% stop. Further follow-through above 36.2 and later 36.9 area would be a signal to add-on to position. Other technical signs to consider: - I was wowed by five (!) consecutive tight weekly closes. History of true market leaders (TML) through out each and every up-cycle teaches us that every TML had 2-3 weeks of tight closes during initial phases of price advance. - Though afterward breaking out from 5 weeks tight base, price faced 5 weeks of decline below this base, with some signs of distribution. Probable that was due to general market sell-off, but price is still below key 10w. MA, meaning it is still vulnerable to the downside; - I like the break-away gap in the beginning of October - sign of strength. The short-term potential of the analysis is valid until price stays above Oct. lows. Caution: Earnings are scheduled next week. Important notice: Elliot waves and fibonacci retracements are a very subjective form of analysis and I don't personally trade out of them. I use them only for the purpose of gauging structural potential of any assets, that allows me to put more confidence when low-risk trading set-up emerges. Analysis and opinion doesn't pay, only price pays.
NASDAQ:BKRLong
by artemfedorov
HAL looking very weakNSE:HAL HAL has exhibited signs of a breakdown, with the stock breaking below key levels of support and resistance. The daily and weekly charts have both witnessed the breach of a downward trendline. There are two potential price levels to target: 1. The stock may experience a decline from its current level of 1737. 2. If the downward momentum continues, the stock could potentially reach levels between 1585 and 1520. This statement offers a clearer and more concise description of the stock's current situation and potential price movement. Please be aware that the stock market can be highly volatile, and stock prices can fluctuate rapidly. It's essential to do your own research or consult a financial advisor to make informed investment decisions. Always consider factors like market conditions, company fundamentals, and recent news when setting your trading strategy. Also, keep in mind that the stock market involves risks, and there's no guarantee that HAL stock will reach your target price or avoid your stop-loss level. Make sure you are comfortable with the risks involved and never invest money you can't afford to lose.
NSE:HALShort
by ketanbhalala
Oil Stocks PatternNYSE:HAL NASDAQ:PTEN NYSE:VAL NYSE:YPF I hope you can see the pattern. Some are overextended but others are still at good levels NYSE:WHD NASDAQ:PTEN NYSE:HAL NYSE:OII NYSE:TDW Reasoning Whole Industry is moving! Consolidation seems done Correction is not overextended Good Relative Strength Great earnings RSI tested bullish range multiple times Always try to use 2 timeframes My Would Be Trade Plan - Risk about 1.5ATR and aim to ride up to 4.5ATR (1:3) - Raise stop once Trade moves 2ATR in your direction - Add on new highs after a pullback. (Then raise stop to keep original risk and also do not modify the target price) Main Sources of My Knowledge Mark Minervini Constance Brown William O'neil Speakers on Trader Lion Youtube Adam Khoo My Indicators 14 Period RSI. 9SMA and 45EMA Moving Averages added Composite by Constance Brown This is for catching failures in the RSI. The RSI is a bounded indicator so sometimes fails to catch divergences. This indicator helps show that Composite Settings Author : Constance Brown (Connie Brown) RSI Length : 14 RSI Momentum Length : 9 SMA Length : 3 Fast Simple Moving Average : 13 Slow Exponential Moving Average : 33
NYSE:VALLong
by vssebuyungo
2
HAL an energy stock setting up LONGHAL being part of the energy/ oil sector has been down lately but after all in keeping with the concept of buying low and selling high, it may be at a buying point. Here in the 4H chart, I have set up two long term anchored VWAPs one at the swing pivot high a year ago and another at a swing pivot low last October. As a result the chart has zones between the values (1) the mean VWAP zone between the two thick black lines. (2) the upper and lower one standard deviation from the mean zones between lighter blue lines and (3) the upper and lower two standard deviations from the mean zones between the lighter red lines. HAL's price has crossed the mean WVAP zone from underneath it, a sign of bullish momentum and so a buy signal. The targets are the evolving dynamic resistance above in the form of the zones between the blue lines and beyond that the red lines. The volume profile with a POC line near to the mean VWAP validates the setup. Accumulation in the three months as shown by higher relative volumes in the past three months is another validation. More demand will push prices higher. I see this as a long-trade setup. ( I also rely on Buffet buying more OXY ) My preferred position is a call option expiring in November or December at a strike $30-31 which if performing well will be held until a couple of weeks before expiration . This idea is meant to highlight the use of anchored VWAP on high time frame charts to capture the role of both price and volume in market dynamics and in the determination of zones of liquidity and volatility so as to provide quality analysis without reliance on multiple lagging indicators that may neglect any focus on volume and so handicap the trader seeking to take high quality A+ setups layering in some trade managment tactics to optimize alpha returns.
NYSE:HALLong
by AwesomeAvani
Alert: Hindustan Aeronautics Ltd. Anticipates 8.67% DeclineTechnical Analysis Update: In correlation with the previous Hindustan Aeronautics Ltd post, here are the latest insights for riding the upcoming bear trend: 1. Currently, we are in a crucial 1-hour Key Supply Zone. 2. Typically, supply zones result in rejection. To confirm its effectiveness, we need to observe the 1-hour CHOCH/BOS. Alternatively, we can rely on 1-hour candle closes below the 9 EMA, but with tight stop losses. Keep in mind that the CHOCH/BOS has a higher success rate. You can adjust your stop loss above this level based on your risk management strategy. 3. Personally, I prefer riding the one-minute CHOCH/BOS with stop losses based on the respective Supply & Demand zones. However, this approach is risky without professional guidance. Feel free to ask for dynamic stop loss and target information in the comments or other platforms that suit your convenience. 4. As discussed in the previous post, the key breakout has changed due to recent trading activity. Although the current move may not be as smooth, the bears remain still dominant. I will provide updates on the new key breakout to capture a 12.7% bearish move. For now, focus on the current situation. 5. Exit strategy: If you notice a one-hour candle closing above the red supply zone shown in the picture, it is advisable to exit. However, such a scenario seems unlikely at the moment. Your support in sharing this post helps strengthen the network and encourages us to provide technical insights for our inclusive growth. Please follow us on our various platforms and share it with others to make a difference.
BSE:HALShort
by UnknownUnicorn14930146
Long trade on HALHaliburton is setting up in a volatility contraction pattern trying to break out higher. There is supply at the $40 level, so I want to buy on a pullback off that level to create a profit cushion in case it fails there again. There is also a longer-term cup with handle pattern here with $40 being the top of the handle. Volume is drying up in the base which hopefully signals supply no longer coming to market and the stock becoming harder to buy. I am taking a small pilot position off the pullback to the 50-day moving average (red line) with a tight stop at 35.20. The fundamentals looks great with 4 consecutive quarters of big sales and earnings growth. Analysts also predict another 41% increase in EPS for 2023.
NYSE:HALLong
by rossgivens