This is the daily timeframe chart of HAL.
HAL is showing a strong Law of Polarity (LOP) support near the ₹4050–4100 zone.
The stock is currently trading within a falling channel, with the channel support aligning closely with the same LOP support area.
This structure indicates the possibility of a flag and pole pattern formation. If the channel support continues to hold,
the stock may attempt a move towards the channel resistance zone near ₹4750–4800.
Thank you.
HAL is showing a strong Law of Polarity (LOP) support near the ₹4050–4100 zone.
The stock is currently trading within a falling channel, with the channel support aligning closely with the same LOP support area.
This structure indicates the possibility of a flag and pole pattern formation. If the channel support continues to hold,
the stock may attempt a move towards the channel resistance zone near ₹4750–4800.
Thank you.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.