Hindustan Aeronaut Limited -1-Short & Mid term view
HINDUSTAN AERONAUT, CMP: 3872.90; RSI: 59.88,
This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script may slip into a momentary consolidation phase and plungs down to 3650 to 3450 levles. This levles are good accumulation zone.
Short term Target : 4035-4100
Accumation Zone: Between: 3450-3650
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This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script may slip into a momentary consolidation phase and plungs down to 3650 to 3450 levles. This levles are good accumulation zone.
Short term Target : 4035-4100
Accumation Zone: Between: 3450-3650
✅Like and follow to never miss a new idea!✅
Trade geschlossen: Ziel wurde erreicht:
HINDUSTAN AERONAUT, CMP: 4531;
Short Term Target reched by huge margin, Now HAL should consolidate before the next big leap.
Short Term Target reched by huge margin, Now HAL should consolidate before the next big leap.
Kommentar:
Recent Correction because of market volatility is indeed a good buying opportunity for the new investor to take fresh position. Chart Structure is intact.