HAL trade ideas
hal trade setuppossible trend reversal is noticed in the stock, overbought rsi in weekly chart onfirming a bearish candle in weekly chart followed by a short doji with long upside wick indicating a price decline can happen , setting a stoploss at 1400 on daily close it can be short for target 1315, last intrady low, breaking it it can go further low else a double bottom can be seen to resume its uptrend.
HAL .. Pole and Flag The stock has hit it all time high and consolidating in range and it can break out in any day in the coming months.... 1550 might be taken easily if it moves
HAL Bearish Gartley and Bearish Deep Crab pattern Terminal BARHAL is on Harmonic Resistance and a Reaction is possible.
Two Patterns are in progress.
(1) Larger scale Gartley Pattern with Level Hit and terminal Bar in progress today. SL for Gartley is FIB Level 1 of XA Leg. (This pattern is more visible on Weekly and Two Day Chart)
(2) Smaller Scale Crab Pattern with Fib Level Hit and Terminal BAR Completed today (This pattern is more visible on 4 Hr 6Hr and Daily)
We always play for Type-1 Reaction and we still wanna wait for Some sort of consolidation breaking down, Bearish DIV in RSI or W pattern in RSI or Reversal Candle with Volume Supported Move.
Again- Harmonics are just a way to find where Reversal comes but trend is always super and we can clearly see that trend is up and bullish.
harmonictrader.com
harmonictrader.com
HAL | Triangle Breakout | TrendLine Breakout | BuyNSE:HAL
Buy above :1075
SL : 1045
Target 1: 1115
1:2 risk reward
NOTE: This is only for information purposes. I am not an expert. Please add your thoughts in the comment.
HAL taken support from main trendline and made morning starHAL taken support from main trendline and made morning star
BREAKDOWN of HALChart is showing clear Head and Shoulder Pattern. It has also retested the breakdown levels. Targets have been shown in the graph.
HAL ::: BULLISHL O N G T E R M T R A D E
SIP TRADE
DATE: 20 MAY 2021
INSTRUMENT: HAL
TREND: BUY
TIME FRAME: DAY
CMP: 1014.75
BUY ABOVE: 1022
STOP LOSS: 980
TGT 01: 1080
TGT 02: 1090
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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#2Successful breakout and retest
Invested with avg=985
Not a recommendation.
use your own studies parallely
HAL MONTHLY BEARISH Shark On Type 1 Entry Earlier this same Pattern given good reaction & Hit TARGETS
now price is again in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to BREAKS Trend line then
POTENTIAL SELL
Here are some important levels for HALHere are some key levels for HAL
1-650
2-753
3-905
4-1027
5-1423
Trade accordingly :-
Hindustan Aeronautics LimitedThe stock has been in an uptrend and it has formed flag pattern in weekly chart it can continue its momentum and can reach 1175. (personal due diligence advised)
A long term goal oriented wealth creatorHAL (HINDUSTAN AERONAUTICS LIMITED) IS JUST BEGINING ITS JOURNEY IN MARKET, IT HAS A LONG WAY TO GO. AS INDIA IS SPENDING ON DEFENCE THAN EVER BEFORE AND ALSO INVESTING AND EXPANDING ITS PORTFOLIO , AND STARTED SELLING TO OTHER COUNTRIES, ITS JUS BUDDING SECTOR IN OUR COUNTRY AND CAN UNLEASH THE POTENTIAL IN COMING YEARS... START ADDING FOR LIFE TIME GOALS...
HAL AB=CD Pattern with 1.618 FIB
Support around 895 and 875
on the higher side 970-980 is pria action based Resistance and 1.618 FIB
HALHeyy!! here it looks like it will touch below supports 665 or 614 if it will not break 755 so trade consciously. #learner
