UnknownUnicorn14930146

HAL breaks 3461.9 down: 10.52% bearish frenzy ahead!

Short
BSE:HAL   HINDUSTAN AERONAUTICS LIMITED
Technical Analysis Highlights:

As discussed in the previous related idea about HAL, there are indications supporting a significant bearish movement.

1. The entry point on the chart occurs when a 16-minute candle closes below 3461.9.

2. I personally implement a trailing stop loss strategy, but feel free to use a stop loss level that you find comfortable.

3. Typically, I adjust my stop loss to break even after booking some profits at the first target, and then patiently wait for the trade to hit the final target.

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