Hindustan Aeronautics Ltd (HAL) — Daily View

Technical Analysis Stock remains in a range-bound structure after a sharp correction from highs. Price is currently rebounding from the ₹4,300 support zone. Needs sustained acceptance above ₹4,900–4,950 to regain bullish momentum. Until then, it remains in consolidation. Key Levels Support: ₹4,300 → ₹4,195 Resistance: ₹4,816 → ₹4,952 → ₹5,162 Fundamental Analysis Dominant PSU in defence aerospace manufacturing. Strong order book backed by government defence indigenisation push. High margin business with long-term earnings visibility. Cash-rich balance sheet and strong return ratios. Summary View Fundamentally very strong. Technically in a time-correction / consolidation phase. Needs breakout for next trending leg.