HONAUT, 1D forms Hammer after a dwntrnd

12 Sep 2023

HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.

HONAUT dorms Bullish Hammer after a downtrend on Daily time frame and gave closing above it.
Entry : 39941
Target : 41100/41400
SL : 38600
RR : 0.85/1