Hindustan Aeronautics (HAL) – Technical Analysis

The stock

is showing a positive short-term trend on the daily chart after recovering from the March 2026 low near ₹3500. The stock is currently trading around ₹4,989 and approaching a major resistance zone near ₹5000–5,100. The broader chart shows recovery, but the stock has faced selling pressure near this level in previous attempts. Technical indicators also show positive momentum. Support & Resistance: Immediate support is around ₹4,850–4,900, followed by ₹4,750–4,800. On the upside, ₹5,000–5,100 is the key resistance zone, followed by ₹5,200. Short-Term Buyers & Holders View: Short-term buyers can watch for a sustained breakout above ₹5,100 with strong volume, which may open the way toward ₹5,200. If the stock fails to cross this zone, consolidation or a pullback may continue. Holders can monitor whether HAL sustains above ₹4,850–4,900. A break below this zone could increase weakness toward ₹4,750.