HAL up for Swing trade
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Hindustan Aeronaut Limited: CMP : 4476.85; RSI: 59.24
HAL has completed Intermediate wave-4 correction, and bottomed out at 200 DEMA, motive wave-5 may take the HAL price to 5500-5600 levels, making it a good candidate to accumulate for a swing trade.
Swing Trade Target 1 : 5500-5600
Next Resistance HAL: 4562-4704-4934
Stop-loss: 4100;
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HAL has completed Intermediate wave-4 correction, and bottomed out at 200 DEMA, motive wave-5 may take the HAL price to 5500-5600 levels, making it a good candidate to accumulate for a swing trade.
Swing Trade Target 1 : 5500-5600
Next Resistance HAL: 4562-4704-4934
Stop-loss: 4100;
✅ For more trading ideas like this, please like, share, and follow my Idea Stream ✅
Transaction en cours
Good time to accumulate the Script, HAL has again taken support at 200DEMA.
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