Stock of the day : Hindustan Aeronautics Ltd by Target Rs. 4850 - Religare Broking Ltd

Hindustan Aeronautics Ltd
Buy Hindustan Aeronautics Ltd CMP 4557.50 Range 4555-4560 SL 4400 Target 4850
* HAL is exhibiting renewed strength following a prolonged consolidation, with recent price action signaling the potential for a trend reversal.
* The stock has rebounded from lower channel support and is progressively reclaiming key moving averages, reflecting improving momentum supported by favorable volume patterns.
* Momentum oscillators have also stabilized in positive territory, reinforcing the bullish bias indicating scope for further upside in the near term.
* Investors can initiate long position in the given range.
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SEBI Registration number is INZ000174330










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