HAL trade ideas
HAL - MoneyMakerHAL is on the verge of breaking out of ascending triangle, also at an level which got rejected 7 times in last 30 trading sessions, if it breaks above 2530 & sustains even for a minute then it ll skyrocket in no time.
Best thing about this trade is very good Risk:Reward Ratio.
Even if it opens gap up of 10-15 points buy without any hesistation with mentioned stoploss & target.
HAL- 60 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves).
Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
BUY HAL ABOVE 1340 TGT1560/1780/2150/2380 AVG@1240 SL 1040As per the current geopolitical situation, India is also at the point to upgrade its air-force fleet on the numbers as well as modern technologies which will be huge advantage on for this stock. On the charts we can see rounding bottom formation with a hammer in the last weekly candle One can take positions in the futures with a view of short term ranging from 3-9 months for the above mentioned targets with given stop-loss
#HAL#HAL
Hindustan aeronautics
Stock has nearly doubled in 8 months.
Took support at 50 day and is uptrend
Broke box.
False bar on top.
Elliot oscillator is positive
Pivot is 1972
Current price is 2024
Looks like a ideal buy point @2000
Target 100 to 125rs+
Reason
There are two bars inside the box (17 and 20th June)
Too long for my liking.
Hence i am happy with 5 %
SL 1940 CBS