#HAL

#HAL
Hindustan aeronautics
Stock has nearly doubled in 8 months.
Took support at 50 day and is uptrend
Broke box.
False bar on top.
Elliot oscillator is positive
Pivot is 1972
Current price is 2024
Looks like a ideal buy point @2000
Target 100 to 125rs+

Reason
There are two bars inside the box (17 and 20th June)
Too long for my liking.
Hence i am happy with 5 %
SL 1940 CBS