HAL trade ideas
Go long in HALOn hourly frame we see analyse that HAL had done a good breakout of a trendline and a level of 4335. From here we can expect targets of 4422, 4486, 4597,4687, 4785. We are expecting a good movement in defence stocks and HAL is one of the best.
If you are supposing to put a stoploss against this investment then it would be near 4260-65.
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HAL Analysis!Double Bottom Pattern with an RSI Divergence in HAL on a Daily Timeframe!
Double Bottom Pattern Formation in NSE:HAL !
Neckline Breakout in HAL!
Analysis:
HAL has made a Double bottom pattern on a daily timeframe after its downtrend so the trend is most likely to change. As we can see price made falling bottoms but RSI has made rising bottoms so there is a clear divergence as I have indicated in the chart. We also can see the optimum volume during the breakout and also the stock is retesting its new support.
Trade Setup:
Refer to the Analysis and make your own decisions as per your Risk to Reward Ratio
Disclaimer:
Consider my analysis for Educational Purposes only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
HAL LONGHAL - Set ups
MTF Analysis
HAL Yearly Demand Beakout 2849
HAL 6 Month Demand Breakout 2849
HAL Qtrly Demand 3428
HAL Monthly Demand 4044
HAL Weekly Demand DMIP 3954
HAL Daily Demand BUFL 3831
ENTRY -1 3954
SL 3671
RISK 283
Taget as per Entry 6967
Points to Gain 1648
Latest Last Swing High 5319
Latest Last Swing Low 3671
A Long Term Investing Opportunity in Hindustan Aeronautics Ltd.Hello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought a stock which is ready to fly in blue sky after 35% of correction from all time high. Stock name is Hindustan Aeronautics and it is engaged in the business of Manufacture of Aircraft and Helicopters and Repair, Maintenance of Aircraft and Helicopters.
Stock is really giving long term investing opportunity at the current price, as stock has already corrected almost 35% from all time high, so it is another opportunity to get this GEM on discounted price. I will recommend all of you to do SIP in this on regularly basis. I have a feeling and expectation that it is going to be added in NIFTY one day surely. Think for long term only. For short term i have already given levels on chart. No doubt if we can see this stock giving more than 1000% returns in next 7-10 years.
Clientele:-
The company plays a strategic role in India’s defense program as it is the core equipment supplier to the Indian Defense Services, including the Indian Air Force, Indian Navy, Indian Army, and Indian Coast Guard. It is highly dependent on contracts from Ministry of Defense.
Order Book:-
As of FY24, the order book stood at Rs 94,000 Cr compared to Rs. 82,000 Cr in FY22, with additional major orders expected during FY25. In FY24, the Company received manufacturing contracts of over Rs. 19,000 Cr and ROH Contracts of over Rs. 15,000 Cr. In September 2024, it received a new major contract from MoD for supply of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force for Rs. 26,000 Cr.
Manifacturing & R&D:-
The company has 20 production and overhaul divisions and 9 R&D centers across India. It inaugurated a new Design and Test facility at Aero Engine Research & Development Centre in Bangalore in December 2023, to accelerate R&D of aero-engines. It spends 7% to 8% of the total revenue on R&D, it has also created an R&D Reserve, an annual contribution of 15% of the operating PAT, is transferred into this reserve.
Market Cap
₹ 3,02,715 Cr.
Current Price
₹ 4,525
High / Low
₹ 5,675 / 1,768
Stock P/E
36.8
Book Value
₹ 434
Dividend Yield
0.77 %
ROCE
38.9 %
ROE
28.9 %
Face Value
₹ 5.00
Industry PE
71.6
Debt
₹ 49.4 Cr.
EPS
₹ 123
Promoter holding
71.6 %
Intrinsic Value
₹ 1,509
Pledged percentage
0.00 %
EVEBITDA
22.9
Change in Prom Hold
0.00 %
Profit Var 5Yrs
26.5 %
Sales growth 5Years
8.71 %
Return over 5years
66.4 %
Debt to equity
0.00
Net profit
₹ 8,216 Cr.
ROE 5Yr
26.6 %
Profit growth
36.5 %
Earnings yield
3.88 %
PEG Ratio
1.39
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Hindustan Aeronautics Ltd. (NSE: HAL): A Bullish Breakout in the🚀 Market Insight 🚀
I'm excited to share my latest analysis of Hindustan Aeronautics Ltd. (HAL), where the stock is displaying promising bullish signals.
Key Highlights:
Government Contract Boost: HAL recently secured a significant ₹260 billion contract from the Indian Air Force, providing a strong fundamental backdrop.
Technical Analysis: The stock has broken out of a consolidation range, with an RSI Divergence indicating potential upside momentum.
Bullish Checkmate Pattern: This candlestick pattern suggests a possible weakening of bearish momentum, hinting at an impending trend reversal.
Target Projections:
Primary Target: If HAL sustains above its all-time high, the first target could be ₹5,681.15, representing a 24.58% potential upside.
Extended Target: Further momentum could see the stock reaching ₹6,793.45, a 40.49% gain from current levels.
Why It Matters:
With HAL positioned at a crucial technical juncture and backed by strong fundamentals, this could be an excellent opportunity for investors to capitalize on a potential bullish trend.
Stay Connected: If you find this analysis valuable, let's connect! I regularly share market insights and technical analyses aimed at helping you build wealth.
#StockMarket #TechnicalAnalysis #HindustanAeronautics #HAL #Investing #Trading #MarketInsights
HAL S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
HAL MASSIVE BREAKOUT DONE!The cabinet committee on Monday approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at a cost of over Rs 26,000 crore inclusive of all taxes and duties. The delivery of these aero-engines would start after one year and complete over a period of eight years.
HAL: Bullish Divergence & Trend Line InsightDiscover the latest technical setup for Hindustan Aeronautics Ltd (HAL) with a focus on bullish divergence and the ascending trend line. As we anticipate upcoming news events, explore how these factors could impact HAL’s stock performance and trading strategy.
HAL,RSI divergenceRSI (Relative Strength Index) divergence is a valuable tool for traders to identify potential trend reversals. Divergence occurs when the price of an asset is moving in the opposite direction of the RSI. Here are the four main types of RSI divergences:
### 1. Bullish Divergence
- **Description**: A bullish divergence occurs when the price of an asset is making lower lows, but the RSI is making higher lows.
- **Implication**: This suggests that the bearish momentum is weakening, and a potential reversal to the upside may occur.
- **Example**: If the price of a stock hits a new low, but the RSI forms a higher low, this could indicate that the downtrend is losing strength and an upward move may follow.
### 2. Bearish Divergence
- **Description**: A bearish divergence happens when the price of an asset is making higher highs, but the RSI is making lower highs.
- **Implication**: This indicates that the bullish momentum is weakening, and a potential reversal to the downside may occur.
- **Example**: If the price of a stock reaches a new high, but the RSI forms a lower high, it suggests that the uptrend is losing steam and a downward move may be imminent.
### 3. Hidden Bullish Divergence
- **Description**: Hidden bullish divergence occurs when the price of an asset is making higher lows, but the RSI is making lower lows.
- **Implication**: This is a sign that the existing uptrend is likely to continue.
- **Example**: If the price of a stock is in an uptrend and makes a higher low, but the RSI makes a lower low, it indicates that the bullish trend is still strong and will likely continue.
### 4. Hidden Bearish Divergence
- **Description**: Hidden bearish divergence happens when the price of an asset is making lower highs, but the RSI is making higher highs.
- **Implication**: This signals that the existing downtrend is likely to continue.
- **Example**: If the price of a stock is in a downtrend and makes a lower high, but the RSI makes a higher high, it indicates that the bearish trend remains strong and will likely persist.
### Summary
- **Regular Divergences** (Bullish/Bearish) often indicate potential trend reversals.
- **Hidden Divergences** (Hidden Bullish/Hidden Bearish) suggest the continuation of the current trend.
Using RSI divergence in conjunction with other indicators and analysis can help improve the accuracy of your trading decisions.
here I have covered 2 divergences only for the understanding of one of my followers, for further reference call me on 7007804781.
Hal, why it will move tomorrow?As you can see yellow, blue, red and green candles rather than simple red and green candles what this indicates, lets understand step by step:-
1.yellow candle means rsi is greater than 60
2.blue candles means rsi is less than 40
3. normal green and red candles means rsi is in between 40 and 60
Analysis:
1.As you can see visually see candles are basically yellow, green and red but if you see last two candles they are blue and green .
it means stock has been strongly in uptrend, rsi has been remained mainly above 60 line but in 2ndlast candle color got blue, it means rsi moved below 40 rsi line but in next candle it became green.
this is tendency of stocks that when it is in strong trend and a sudden fall comes, it pullback itself strongly.
2. 2nd reason is that stock is on trendline support
3. bullish hidden divergence
4.buy sell pressure indicator zero line support
Bullish trade HAL huge order book received for HAL 45000 crore rupees order on 17th june for 156 helicopters
entry @ 5160, target 5300, stoploss 5050 on daily closing basis or middle of channel breaks in one hour time frame
holding duration 10 days.
close trade if 2% profit achieved www.tradingview.com
Standard disclaimer :- Not a sebi registered analyst , for education purpose only.
Hindustan Aeronautics (HAL)Stock is in bullish trend and the current market price is a also the support price (4745).. one can enter at this levels and keep accumulating in every dip up to 4025...
below 4025 stock my see down trend and may go till 3765 levels..
Target seen at 5438, 5874 and 6582..
Enter & Accumulate for handsome returns and Enjoy the benefit
Hindustan Aeronaut Limited -1-Short & Mid term viewHINDUSTAN AERONAUT, CMP: 3872.90; RSI: 59.88,
This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script may slip into a momentary consolidation phase and plungs down to 3650 to 3450 levles. This levles are good accumulation zone.
Short term Target : 4035-4100
Accumation Zone: Between: 3450-3650
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