HINDUSTAN AERONAUTICS LTD
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HAL - TRENDLINE RESISTANCE

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HAL is making a Trendline Resistance Pattern at 30min chart, going down while making Lower highs, 4440 area is working as a support zone for it.
It may go down towards 4470-30 and reverse. One may buy when it breaks the blue color trendline. Hammer candle formation at support area will be good.

For learning and educational purposes only.
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HAL didn't break the Trendline, though it gave a good PE move within 3-4 days. It took the support at previous levels.

For learning and educational purposes only, not a trading advice.

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