📊 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...
Greetings Folks,
today i have prepared a setup on HAL on NSE
the analysis is as follows
- in a close pattern
- broke out of a micro range
- good support underneath the structure
- broke the previous high with volume
dont play with fire, always use a predefined stoploss
For the past four weeks, I've been expressing my doubts about the current market situation, which appears to be artificial and lacking any clear indications of a bullish target.
Now, let's delve into the technical aspects:
1.Examining the 62-day timeframe chart, we can identify the demand zone, representing the true value of the asset. Conversely, the...
As we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of...
Run Now!!
In the upcoming bulletin, we're likely to hear some not-so-good news about Hindustan Aeronautics Ltd. So, it's better to run for cover!
Want a detailed analysis video? Drop a comment below!
Technical 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...
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....
Detailed Technical Analysis about the direction of HAL
1. The HAL stock's actual value can be clearly observed on the 62-day chart . To demonstrate the accuracy of my analysis, I utilized the Search Volume Profile (SVP) to highlight the precision of my levels. If you're unfamiliar with SVP, I recommend conducting some research to expand your understanding.
2....
NSE:HAL Looks very weak in all higher time frames.
1] At Monthly time frame it is a clear Bearish engulfing pattern.
2] At Weekly time frame it is having a head and shoulder pattern.
3] At Daily time frame it is clearly completed a head and shoulder pattern. The volumes are dried during the phase of H&S and started to pick heavily during down days.
4] Neckline...
Hal breakout and retest
Hal breakout with good volume
both price action and our our indicator setup on bull move
volume and trend setup for additional confirmation
all levels share here for educational purpose.we are not sebi registered
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
hal 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
The 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 is on Harmonic Resistance and a Reaction is possible.
Two Patterns are in progress.
(1) Larger scale Gartley Pattern with Level Hit and terminal Bar in progress today. SL for Gartley is FIB Level 1 of XA Leg. (This pattern is more visible on Weekly and Two Day Chart)
(2) Smaller Scale Crab Pattern with Fib Level Hit and Terminal BAR Completed today (This...
L O N G T E R M T R A D E
SIP TRADE
DATE: 20 MAY 2021
INSTRUMENT: HAL
TREND: BUY
TIME FRAME: DAY
CMP: 1014.75
BUY ABOVE: 1022
STOP LOSS: 980
TGT 01: 1080
TGT 02: 1090
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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