HAL is going to fly againHAL is looking super positive for Target...one may catch big move in coming 3 days.
HAL trade ideas
Hindustan Aeronautics Limited: A Massive Dump on the Horizon? Click here to learn why I believe a significant bearish trend is imminent.
1. Clear targets set for a potential significant continuation.
2. Timing of the occurrence remains to be seen.
3. Enter upon price breakout of the indicated key zones.
4. Feel free to comment and share your own technical analysis if you have different perspectives.
5. Keep the discussion logical rather than emotional, as emotions hold no value in trading.
Thank you.
INVESTMENT IDEA FOR HALAs we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of intent) for Nine Helicopters from Indian Coast Guard
letter of intent (LOI)
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced; however, it signifies a serious commitment from one involved party to another.
educational purposes only!
Hindustan Aeronautical LTD: 12.7% Decline Brace for ImpactRun Now!!
In the upcoming bulletin, we're likely to hear some not-so-good news about Hindustan Aeronautics Ltd. So, it's better to run for cover!
Want a detailed analysis video? Drop a comment below!
Alert: Hindustan Aeronautics Ltd. Anticipates 8.67% DeclineTechnical Analysis Update:
In correlation with the previous Hindustan Aeronautics Ltd post, here are the latest insights for riding the upcoming bear trend:
1. Currently, we are in a crucial 1-hour Key Supply Zone.
2. Typically, supply zones result in rejection. To confirm its effectiveness, we need to observe the 1-hour CHOCH/BOS. Alternatively, we can rely on 1-hour candle closes below the 9 EMA, but with tight stop losses. Keep in mind that the CHOCH/BOS has a higher success rate. You can adjust your stop loss above this level based on your risk management strategy.
3. Personally, I prefer riding the one-minute CHOCH/BOS with stop losses based on the respective Supply & Demand zones. However, this approach is risky without professional guidance. Feel free to ask for dynamic stop loss and target information in the comments or other platforms that suit your convenience.
4. As discussed in the previous post, the key breakout has changed due to recent trading activity. Although the current move may not be as smooth, the bears remain still dominant. I will provide updates on the new key breakout to capture a 12.7% bearish move. For now, focus on the current situation.
5. Exit strategy: If you notice a one-hour candle closing above the red supply zone shown in the picture, it is advisable to exit. However, such a scenario seems unlikely at the moment.
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HAL breaks 3461.9 down: 10.52% bearish frenzy ahead!Technical Analysis Highlights:
As discussed in the previous related idea about HAL, there are indications supporting a significant bearish movement.
1. The entry point on the chart occurs when a 16-minute candle closes below 3461.9.
2. I personally implement a trailing stop loss strategy, but feel free to use a stop loss level that you find comfortable.
3. Typically, I adjust my stop loss to break even after booking some profits at the first target, and then patiently wait for the trade to hit the final target.
I hope you find value in my posts. I strive to keep them concise and accessible. If you have any insights, feedback, doubts, or additional information to share, please do so. This creates more learning opportunities for me and enhances our overall understanding.
Unveiling the Astonishing Overvaluation of Hindustan AeronauticDetailed Technical Analysis about the direction of HAL
1. The HAL stock's actual value can be clearly observed on the 62-day chart . To demonstrate the accuracy of my analysis, I utilized the Search Volume Profile (SVP) to highlight the precision of my levels. If you're unfamiliar with SVP, I recommend conducting some research to expand your understanding.
2. What can we expect? : Undoubtedly, a bearish trend is anticipated. However, it's crucial to identify scenarios where the bearish trend may not unfold. Before delving into that, we need to comprehend the concept of the actual value of a stock.
3. The actual value of a stock refers to a state where no institutions have entered the market yet. During this phase, the market typically trades the asset within a specified range, as depicted by a red box or level on the chart.
4. How does price movement occur in the market? : Price movement follows a harmonic pattern around the actual value of the stock that red level, regardless of the asset or the extent of manipulation involved. This holds true before any market pumps or dumps take place. Think of it as a pendulum, with the actual value or high trading zone serving as the neutral point.
5. Under what circumstances might the bearish trend not materialize? : In the case of HAL, a price correction is imminent and unavoidable. The question then arises: how substantial will this correction be? As long as we observe a highly traded zone, which is confirmed by the SVP and illustrated in the image, that remains my target for the bearish trend.
However, this target can potentially change if the market establishes a new highly traded zone. Such an occurrence would cause the price to deviate from its previous value. Essentially, it suggests that the institution responsible for driving up the price may refrain from taking long or short positions in the market for a significant period. Now, one might question what the institution would do with HAL shares if it keeps them. It is likely that the institution intends to profit by shorting the market when it wants to retain the shares and the market shows reluctance to sell.
6. Check this very bearish divergence being formed on 16 days chart Therefore, before offering any bullish feedback or claiming that the price cannot decline, I encourage you to present your reasoning. Share your ideas and charts. I possess knowledge of various indicators, strategies, bots, and algorithms, and I can address any of your concerns within seconds. However, I am open to learning from others, so please feel free to challenge my analysis with logical arguments.
If I find some spare time, I will soon share my entry criteria for HAL. I welcome anyone to challenge my analysis, as it may provide an opportunity for me to learn something valuable from you.
HAL_04.06.2023At important resistance level of life time high. Hoping high on hdfc defense nfo, mazgaon dock 32000 cr. Order and government support. Breakout could easily trigger 3400 levels.
HALTHE IDEA WILL BE ONLY FOR STUDY PURPOSE .
wait for the breakout till then keep your eye on the stock .
Breakout opportunity in HALAnother stock in the radar with the upcoming budget with a focus on the defense sector. DMI bullish crossover likely. Entry only above 2575, breakout with volume support
Shall update target and stop loss levels once trade is active
HAL sell for intraday tradingHAL sell for intraday trading if stock break the given support level...........
HAL consolidation BreakoutHAL has been testing the 1500 levels from last 7 months. It is a good long trade if it closes above 1500 today since it has never given a daily closing above it.
It is a breakout from inverted head and shoulders pattern and target can be 15-20% positionally.
Stoploss can be below 1410 DCB.
Just for educational purpose.
HALNSE:HAL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HAL cup handle pattern breakout HAL was made a breakout of its cup handle pattern
Buy HAL at 2684
Target 2763 2815 2900 3000
Sl 2520
HINDUSTAN AERONAUTICS (HAL)The idea is based on the Elliott Wave Theory. The current price seems to be corrective in structure which suggests another wave Y could unfold driving prices to the previous levels or lower.
Trendline & Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
HAL Buy for intraday tradingHAL Buy for intraday trading if stock breaks the given resistance level.........
HAL- Hindustan Aeronautics - Weak structure NSE:HAL Looks very weak in all higher time frames.
1] At Monthly time frame it is a clear Bearish engulfing pattern.
2] At Weekly time frame it is having a head and shoulder pattern.
3] At Daily time frame it is clearly completed a head and shoulder pattern. The volumes are dried during the phase of H&S and started to pick heavily during down days.
4] Neckline is placed at 2300 a clear break down with heavy volume is a must for a Short entry or retest with low volume to neck line after a break down is another low risk entry opportunity.
5] Usually the targets in such pattern is the difference to neckline, in this case it 420 points or 1900. Interestingly the NSE:HAL chart has meaning full support only at 1900.
Good Luck
HALTaking support from long term trendline. Expected to give good bounce from trendline.
Can add at CMP or any dip for a target of 3000-3200 with sl of 2300
Fundamentally good company.
HINDUSTAN AERONAUTICS LIMITEDHindustan Aeronautics Limited trading in an uptrend movement on a daily time frame.
It took a support from Fibonacci Golden Reversal Zone, With a Bullish Engulfing Candlestick (bullish reversal candlestick).
Which indicates the entry of major buyers in the stock and indicates the starting of a new primary trend.
Market is expected to remain bullish for few upcoming trading sessions. And may test the levels of 2800 on higher side.
On downside level of 2400 remains the major support level in the market.
HAL Crucial ZoneRed boxes keep the price down, whereas blue and Green one's keep the price up. For price to resume uptrend, the immediate red box must be broken for scenario 1 to prevail else scenario 2.
HAL - NeutralHAL has reversed trend on 15 min time interval wait for 2475 to cross and sustain at that level on for 15-20 min before takin trade on long side for a TGT of 2500.
