HAL...coming in buy zone..bull run pending

23 Jul

HAL is currently in a downtrend and is undergoing corrective waves. According to Fibonacci levels, the minimum retracement should be up to 4590 (61.8%), and the ideal retracement would be 3920 (100%). If it declines further, which is less likely, the final retracement could be up to 2838 (161.8%). Consider entering at these levels and exit if it breaks below and continues to fall. This strategy could allow us to capture it at the lowest point of its retracement. A significant uptrend is anticipated in this bullish stock.