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Unite Technologies Financial

21st Aug · SEBI-Registered Analyst

Technical Anaysis Hindustan Aeronautics (HAL)

The stock

HAL
is showing a bullish recovery structure on the daily chart. After falling to around ₹3500–3600 in early 2026 the stock formed a strong recovery and started making higher highs and higher lows. The recent move above ₹4600–4700 indicates improving buying momentum. However, the stock is now approaching an important resistance zone around ₹5000–5100. Support & Resistance immediate support is around ₹4800–4750 followed by stronger support near ₹4600–4550. On the upside, ₹5000–5100 is the key resistance zone. A strong daily close above ₹5100 with good volume can trigger further upside towards ₹5300–5500 while the previous major high near ₹5600 remains an important resistance. Short-Term Outlook: The setup is bullish but near resistance. Fresh buyers should preferably wait for a sustained breakout above ₹5100 with volume or look for a pullback towards ₹4750–4800 with a bullish reversal. Existing holders can continue holding with a trailing stop-loss around ₹4550. A decisive close below ₹4550 would weaken the current bullish structure and could lead to a deeper correction towards ₹4300–4200.

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