HAL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | HAL | Market Cap | 2,95,211 Cr. | Current Price | 4,415 ₹ | High / Low | 5,150 ₹ |
| Stock P/E | 32.5 | Book Value | 611 ₹ | Dividend Yield | 0.91 % | ROCE | 32.0 % |
| ROE | 24.0 % | Face Value | 5.00 ₹ | DMA 50 | 4,315 ₹ | DMA 200 | 4,339 ₹ |
| Chg in FII Hold | -0.65 % | Chg in DII Hold | 0.75 % | PAT Qtr | 4,184 Cr. | PAT Prev Qtr | 1,852 Cr. |
| RSI | 51.6 | MACD | 33.1 | Volume | 5,60,653 | Avg Vol 1Wk | 9,58,386 |
| Low price | 3,479 ₹ | High price | 5,150 ₹ | PEG Ratio | 2.03 | Debt to equity | 0.00 |
| 52w Index | 56.0 % | Qtr Profit Var | 5.71 % | EPS | 136 ₹ | Industry PE | 68.9 |
📈 Chart Patterns: HAL is trading near its short-term resistance zone (₹4,415–₹4,450) with a broader structure showing strong recovery from lows (₹3,479). The price action reflects higher highs, supported by strong fundamentals, but capped by resistance at ₹5,150.
📊 Moving Averages: Current price (₹4,415) is above DMA 50 (₹4,315) and DMA 200 (₹4,339), confirming bullish momentum and medium-term strength.
📉 RSI: At 51.6, RSI is neutral, suggesting balanced momentum without overbought signals.
📈 MACD: Positive at 33.1, showing bullish crossover and continuation of upward momentum.
📉 Bollinger Bands: Price is near the mid-band, reflecting consolidation with scope for breakout if volumes rise.
📊 Volume Trends: Current volume (5.6L) is below average weekly volume (9.6L), showing reduced participation and lack of strong buying conviction.
⚡ Short-Term Momentum Signals: Neutral-to-bullish momentum; breakout possible if price sustains above ₹4,450 with volume support.
🎯 Entry Zone: ₹4,350–₹4,415 (support region).
🎯 Exit Zone: ₹4,950–₹5,150 (resistance zone).
🔀 Trend Status: Trending upward with consolidation; reversal unlikely unless price falls below ₹4,315.
Positive
- Strong ROCE (32.0%) and ROE (24.0%) highlight operational efficiency.
- EPS at ₹136 supports earnings visibility.
- Debt-free balance sheet (Debt-to-equity 0.00).
- Price trading above both DMA 50 and DMA 200 confirms bullish trend.
Limitation
- Dividend yield at 0.91% is modest.
- Quarterly PAT declined slightly (₹3,017 Cr. to ₹2,934 Cr.).
- FII holdings decreased (-0.65%), showing reduced foreign investor confidence.
- Volume below average weekly levels reduces breakout conviction.
Company Negative News
- Decline in FII holdings (-0.65%).
- Volume weakness despite bullish technical setup.
Company Positive News
- Quarterly PAT growth (+5.71%) shows earnings improvement.
- DII holdings increased (+0.75%), showing domestic investor confidence.
- Stock trading near 52-week high (₹5,150) reflects bullish sentiment.
Industry
- Industry PE at 68.9 vs. HAL PE at 32.5 shows relative undervaluation.
- Aerospace and defense sector remains strong with government contracts and long-term demand visibility.
Conclusion
HAL is trending upward with bullish undertones. Short-term traders may consider entry around ₹4,350–₹4,415 with exit near ₹4,950–₹5,150. Long-term investors should monitor volume strength and sector demand before fresh accumulation.
Would you like me to expand this into a sector overlay HTML report comparing HAL with BEL, BEML, and Mazagon Dock, or keep it strictly as a standalone technical rating?