Cup and Handle pattern in Hindustan Aeronautics limited(HAL)

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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.