HAL assenting triangle breakoutHAL assenting triangle breakout in daily time farm and re-tested now its in bullish , 1st target - 1422 & 2nd target - 1565.
HAL trade ideas
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 +++
Breakout, retest and moving upHAL BO from triangle some days ago, retested and now moving up again....HAL is a heavy weight and an important company when it comes to defence category...targets marked. it has moved up 7% today....let us see how this pans out. This is an idea.
Hindustan Aeronautics Looks Good long Hindustan Aeronautics has consolidating near its all time highs it attempted two times to break its resistance level now it came to same level for third time if it breaks with volume confirmation it will give good move.
Stop loss should be 1340
Buy Setup with Good Risk/Reward After a nice rally #HAL was consolidating for a few days and Today its resuming its uptrend again. It seems it went into a short time wise correction and now its ready to take a leap again. Buy #HAL at market between 1380-85 with SL 1320 for targets 1600++
HAL: Waiting for break outZone of consolidation is nice and may break out with volume
Target 1200, 1400
SL 1030
HAL is a Buy around 1405 for target 1927 with sl 1144HAL is a Buy around 1405 for target 1927 with sl 1144 as per my algo
hal trade setuppossible trend reversal is noticed in the stock, overbought rsi in weekly chart onfirming a bearish candle in weekly chart followed by a short doji with long upside wick indicating a price decline can happen , setting a stoploss at 1400 on daily close it can be short for target 1315, last intrady low, breaking it it can go further low else a double bottom can be seen to resume its uptrend.
HAL .. Pole and Flag The stock has hit it all time high and consolidating in range and it can break out in any day in the coming months.... 1550 might be taken easily if it moves
