Hindustan Aeronautics Limited (HAL) - Break Out Opportunity
Date: 23-Aug-2023 Rating: Buy LTP: Rs. 4031.10 Target: Rs. 4800 Exit Plan: Follow the 7/13/26 DEMA cross down on closing basis.
HAL has given a break out from an Ascending Triangle that has been created since last few sessions. With this it has also break out from it's last known resistance. 7/13/26 DEMA crossover, MACD crossover and RSI above 0 supporting further upward journey and possibility of achieving new highs.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
註釋
DAC approves proposals worth Rs 45,000 crore, including procurement of 12 Su-30MKIs for IAF which will be manufactured in India by HAL.
註釋
Updating target after stock split. <b>Target:</b> Rs. 2400
註釋
HAL started flying again towards the target.
註釋
Target of 2400 achieved.
Next Target: 2600.
註釋
6-Dec-2023: 2nd target of Rs. 2600 reached. Momentum is still strong. Next Target: Rs. 2915
註釋
36% up from suggested level.
註釋
4-Jan-2024: 3rd target of Rs. 2915 reached. LTP Rs. 2904.25. Up by 44% from suggested level.
Momentum is still strong. NEXT TARGET: Rs. 3111
交易結束:目標達成
Closing this idea. Refer to latest HAL idea published with updated chart and targets. Link given below.