Market Trading Guide: HAL among 2 stock recommendations for Tuesday – Stock Ideas

Target Price: 4606 | Stop Loss: Rs 4340
HAL on an hourly time frame has reversed from the potential 4th impulsive wave target and has initiated its fifth impulsive wave, signaling a buying opportunity. The price is trading above the Ichimoku Cloud, which indicates bullishness in the security.

Kunal Kamble, Sr Technical Research Analyst, Bonanza

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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