Hindustan Aeronautics Ltd // 45min Support and Resistance

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As of May 13, 2025, Hindustan Aeronautics Ltd (HAL) closed at ₹4,463.80, experiencing a slight decline of 0.668% for the day. Analyzing the 45-minute timeframe, the following support and resistance levels have been identified based on technical indicators and pivot point analyses:

🔻 Support Levels
₹4,370.47: Classic Support 1 (S1)
₹4,301.23: Classic Support 2 (S2)
₹4,182.47: Classic Support 3 (S3)
₹4,417.42: Fibonacci Support 1 (S1)
₹4,373.05: Fibonacci Support 2 (S2)
₹4,301.23: Fibonacci Support 3 (S3)
₹4,422.47: Camarilla Support 1 (S1)
₹4,405.23: Camarilla Support 2 (S2)
₹4,388.00: Camarilla Support 3 (S3)

🔺 Resistance Levels
₹4,558.47: Classic Resistance 1 (R1)
₹4,677.23: Classic Resistance 2 (R2)
₹4,746.47: Classic Resistance 3 (R3)
₹4,561.05: Fibonacci Resistance 1 (R1)
₹4,605.42: Fibonacci Resistance 2 (R2)
₹4,677.23: Fibonacci Resistance 3 (R3)
₹4,456.93: Camarilla Resistance 1 (R1)
₹4,474.17: Camarilla Resistance 2 (R2)
₹4,491.40: Camarilla Resistance 3 (R3)

📊 Technical Indicators Summary
Relative Strength Index (RSI): 44.65 – Neutral

MACD: -4.97 – Bearish

Average Directional Index (ADX): 20.58 – Indicates a weak trend

Stochastic Oscillator: 58.04 – Neutral

Rate of Change (ROC): 1.61 – Slightly bullish

Supertrend: ₹4,540.11 – Current trend indicator

Parabolic SAR (PSAR): ₹4,397.84 – Suggests potential reversal point

These indicators suggest a mildly bearish outlook in the short term, with the stock trading below key resistance levels. The RSI and Stochastic Oscillator indicate a neutral momentum, while the MACD points towards a bearish trend. The ADX value suggests that the current trend lacks strength.

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