Goal Worth: Rs 5,100/5,200
Cease Loss: Rs 4,200
HAL is buying and selling at Rs 4,486 and has just lately damaged out from a falling wedge sample on the every day chart, indicating the top of a chronic consolidation part. This breakout, accompanied by a noticeable surge in buying and selling quantity, suggests sturdy bullish momentum. A decisive shut above Rs 4,480 might set off short-term targets of ₹5,100 and ₹5,200. On the draw back, rapid help is positioned at Rs 4,350, providing a positive shopping for alternative on dips. To handle threat successfully, a stop-loss at Rs 4,200 is really useful to protect in opposition to potential market reversals.
(Mandar Bhojane, Fairness Analysis Analyst, Selection Broking)
