Multiple bullish scriptsHAL - A retest set up here
JUBLINGREA - Absorption of supply and breakout.
IRCTC - Pennant breakout
BAJAJ FINSERVE - Good base formation here
HAL trade ideas
July : Halending Diag. Pattern. second wave correction in form of a zigzag going on. Wave 3 is on the way. don't miss it.
HALhal is forming doji type structure indicating trend reversal we can accumulate puts with sl of weekly candle sustaining above 1900 these can be played in quantity it is forming on monthly timeframe
Classic Chart Pattern.Downward trend line, for HAL to perform good it is important to close above this trend line.
HAL - Hindustan Aeronautics Weekly#HAL
Another strong chart in this weak moment.
Good Revenue growth and ROE.
Time to add in my portfolio.
Good Relative strength
MY BUCKET FOR JUNE UPDATE 4.06.22I have added HAL to my bucket for June. updated the analysis. Happy trading. All the best.
HAL - target 1755 nextHAL should hit last swing target = 1755 and then further.
this is not financial advice, do your own research.
Please don't forget to like the post.
HINDUSTAN AEROHAL - Retest set up
One can go long with a SL of today's low.
Good risk reward ratio here.
HAL BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
HAL assenting triangle breakoutHAL assenting triangle breakout in daily time farm and re-tested now its in bullish , 1st target - 1422 & 2nd target - 1565.
Hindustan Aeronautics Limited BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
HAL - bullish tradeStock gave a breakout and retested, looks good with a potential to touch 1560 levels, one can keep a sl below 1380 on closing basis. I think current geographical concerns, Russia Ukraine war, will increase Indian budget in defence space and this stock should do well. Happy trading.
Good luck.
HAL Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Hal 1dtfLook Like upside move of targets 1372 then 1445 and it happens if closing above 1290 on monday
HAL--BUYHINDUSTAN AERONAUTIC LTD is heading towards its all time high of 1560 likely to cross in this 5th wave .buy with a stop of 1399 for a target of 1560 min and above it 1640
HAL--BUYbuy hal for a target of 1485-93.. took 1210 and is rising from their. first target on fb extension gives us 1292 . if crosses all time high of 1500 we may see a new target as marked in chart 4th target of fb extension
Hindustan aeronautics ltd- good opportunityHindustan aeronautics limited
~A long term uptrend
~Recent downtrend
~After that a break of resistance (yellow), a break of green trendline and creation of new higher high
~Fresh volume coming
~Fundamentally strong company
Only for educational purposes
HAL AnalysisReasons To Trade:1.Trendline Breakout
2. Good Volumes
3. Long Buildup
Resistance Zone: 1375-1400
Upside Target: 1420
SL below 1310
Trade idea on HAL with good R:RHindustan Aeronautics
Technical:
CMP: 1296
Buy after it crosses 1313 on the hourly chart and is confirmed
Targets: 1425, 1568
SL: 1230
Rational: Both wedge + FIB breakout, already seeing increase volumes
Fundamental Top 5 points:
⁃ Services entire army fleet and >70% IAF and Navy
⁃ Decreasing inventory days reducing working capital needs
⁃ Strong order book
⁃ Consistent ROE > 20%
⁃ Reducing debt and Kd at 5.32%
Quick Valuation:
⁃ Trading at a PE of 13.33x - closest peer: Bharat dynamics trades at 20+ and other New listed IPO companies: Paras defence and data patterns trade >60PE (they are however only into design)
HALStock: HAL
Entry: 1293
Analysis: Channel breakout with volumes. refer to the chart.
Please add less qty as the stock is trading below 50 DMA. As trend confirm keep adding to winning positions.
Marked multiple resistance reference.
HAL - Support at 200 emaHAL - Support at 200 ema.
A reversal is yet not confirmed here, however the risk reward ratio has turned to be highly favourable.
Excellent fundamentals and business model.
Go long with a sl of 200 ema.
HAL - Strong Uptrendprice is currently consolidation on a major trendline, on lower timeframe price is in downtrend since 18Oct, price can surge aggressively after the breakout, we've marked supply & demand zone which is a crucial level for HAL.
POSITIONAL LONG CALL NOVEMBER SERIES BUY HAL FUT Positional Long Call November Series
Buy Hal Fut @ 1370 - 1380
Support 1300 Clbs
Resistance Open To Sky 1560 +++
