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jayaprakash99

Cup and Handle pattern in Hindustan Aeronautics limited(HAL)

Long
HINDUSTAN AERONAUT (NSE:HAL)  
jayaprakash99  
NSE:HAL   HINDUSTAN AERONAUT
Support and Resistance Trend Lines Cup And Handle cupandhandlepattern Candlestick analysis
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supportandresistance trendline cupandhandle cupandhandlepattern candlestickanalysis
Hindustan Aeronautics Limited(HAL) has formed Cup and handle pattern in the weekly timeframe. Though it has managed to close above the trendline for the week, it formed a Doji candle. One can wait for confirmation in the Daily/Weekly timeframe before entering into the trade.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading.
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