Stock of the day - Buy Hindustan Aeronautics Ltd Target Rs. 5200 - Religare Broking Ltd
Hindustan Aeronautics Ltd
Buy Hindustan Aeronautics Ltd CMP (Rs) 4869 Range* 4860-4870 SL 4690 Target 5200

* HAL is demonstrating a constructive bullish setup, having decisively reclaimed and closed above the 20 and 50 DEMA, supported by expanding volumes.
* The recent breakout above the declining trendline indicates strengthening momentum, with prices sustaining above the breakout zone.
* Higher highs and higher lows reinforces improving demand and strengthens the positive price structure, favoring further recovery.
* Traders may consider accumulating the stock within the recommended range.
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SEBI Registration number is INZ00017433
