ACV-InvestmentResearch

HAL projected price on Valentine's Day

Largo
NSE:HAL   HINDUSTAN AERONAUT
The price projection for HAL is a 45 day period view, at the time of the analysis we are the 27th Day of the analysis.

Phase 1: HAL made consecutive lower highs for more than 20 days before the trend was finally broken.

Phase 2: The new downward trend was not sustained as the new low after the marker low (The low that broke the previous trend) was a higher low.

Phase 3: Extending the central line of the phase 1 channel puts the projected price of HAL at 1513 on 14th Feb
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