#HAL formed a tripe bottom at 2400-2420 range and after that has broken out of trendline.
HAL touched al time high at 2811 on 6th Dec'22 and corrected from there to 2411 within 20 days on 26th Dec'22.
Now current market price is 2509 with subdued volume till now. But looking at the fundamentals volume will increase after this breakout and one can buy it here or on every correction with stoploss of 2400 on closing basis. First target may be 2675 and next 2811.
Seems this time HAL may break above ATH and can show 3000/3200
HAL touched al time high at 2811 on 6th Dec'22 and corrected from there to 2411 within 20 days on 26th Dec'22.
Now current market price is 2509 with subdued volume till now. But looking at the fundamentals volume will increase after this breakout and one can buy it here or on every correction with stoploss of 2400 on closing basis. First target may be 2675 and next 2811.
Seems this time HAL may break above ATH and can show 3000/3200
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#HAL first tgt complete