Trade ideas
HAYL BuyBetter to buy a chunk of HAYC around 70.00 - 75.00 LKR (Now) as price is bouncing off a support level and recently broken the down trendline convincingly. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
70.00 - 75.00 LKR (30%)
58.00 - 64.00 LKR (33%)
Around 36.00 LKR (37%)
HAYL.N0000Entry Point: 76-80
Profit Target: 96-100
Stop-Loss: 72
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HAYL.N - HAYLEYS PLCDisclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in any stock exchanges, Indices, Stocks, Forex, Crypto etc.
CSELK:HAYL.N0000
HAYLcorrected hard after losing fib level, and DMA200 support. It is notable that hayls could not pump hard with its divident buy corrected harder after XD.
however small TF shows bullish strength while 4hrs suggest bit more pullback.. RSI support line seems to be breached.. its good to be vigilant for next few days or use strict stoploss before the red trendline support !
HAYL | Cup & HandleAnalysis As the stock has broken out of the cup and handle neckline, the stock may potentially move towards the Fibonacci retracement level of 0.5, which is in the range of 93 to 93.50.
Stop-Loss 76
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
HAYLThe stock has encountered resistance around the 200-day moving average and the expanding triangle pattern top. With the formation of a lower high, it is safer to set the stop-loss below the previous higher low of Rs. 73.90.
A cup and handle pattern will be created If the stock manages to break above the previous higher high of Rs. 78.90.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
HAYL | Breakout with VolumeGiven the breakout from the horizontal channel above 77, there is a possibility that the stock may reach a high of 90 or higher to test the FIB 0.5 levels. If there is a retracement, 77 level should act as support.
