Hindustan Aeronautics Ltd. HAL Chart Analysis !!

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📈 Hindustan Aeronautics Ltd. (HAL) 📉

This Stock Broke out from a Resistance zone of 1460-1480 after testing five times this range on upside with a strong green candle. If you look closely it has spend around seven months below this level. So It makes this Strong breakout.

Bias - Long
Target - 1600, 1700, 1800
SL - 1394
RR- 1 : 2.5

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade ativo
Target 1 of 1600 is done.
Trade ativo
Target 2 of 1700 is achieved.
Nota
Trail SL to 1600
Trade fechado manualmente
Trailing SL HIt
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