Break Out Trade in Hindustan Aeronautics Ltd.
Date: 16-Jan-2022
Rating: Buy
LTP: Rs. 1365.65.
Target: Rs. 1460-->1665-->1750.
SL: Follow the trailing SL indicated by the moving averages.
HAL has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.
Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.
Rating: Buy
LTP: Rs. 1365.65.
Target: Rs. 1460-->1665-->1750.
SL: Follow the trailing SL indicated by the moving averages.
HAL has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.
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