HINDUSTAN AERONAUTICS LTDUpdated

Educational purpose

Reasons to buy HAL for short term - 3-4months - 15% target
stock split 27th june
price affordable after stock split
defence deals materialise in the next quarter
4 months target - 15%
Trade active
entry : 3746
trailing : 4.5% (3945)
target 15% active
waiting until the stock split 2:1 reported
Note
FITCH rating fiasco.
US markets dead. spillover to global indices.
will hold on due to the same ideology behind this trade.
Market reaction out of fear.
good oppurtunity to Cost Avg.
Trade active
a good upmove ahead of dividend payout. probably 5% is expected after a steep rise. trade exit strategy still active
Trade closed: target reached
target reached sold for 1.5L profit

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