F&O Strategy: Buy HAL call

Author's Summary

This article outlines a bullish F&O strategy recommending the purchase of Hindustan Aeronautics Ltd (HAL) December ₹4,600 call options, detailing support/resistance levels, expected trading range, breakeven, risks, and profit targets amid positive market signals. (168 characters)

Market Overview

Hindustan Aeronautics Ltd (HAL) stands at a key threshold, with support at ₹4,451 and ₹4,442; a close below the latter could turn the medium-term view bearish. Resistance lies at ₹4,593 and ₹4,609, suggesting the stock will likely stay range-bound with an upward bias.

F&O Insights

The December futures for HAL trade at ₹4,574.30 versus the spot close of ₹4,542, indicating strong premium that points to rolled-over long positions from November and fresh longs. Options activity suggests fluctuations between ₹4,500 and ₹5,000.

Recommended Strategy

Buy the December ₹4,600 call option, which closed at a premium of ₹105.45, for a maximum cost of ₹15,817.50 per lot—this caps the loss if HAL stays below ₹4,600 at expiry. Breakeven is at ₹4,705.45, with significant upside if the stock rallies sharply. Set initial stop-loss at ₹75, trail to ₹102 on a positive Monday open, and aim for ₹130 with trailing stops.

In sharp openings above ₹4,600 or below ₹4,442, reassess the trade.

Follow-up Note

PFC shares have dropped notably, but the option premium holds above the prior ₹3.50 stop-loss; hold for another week, adjust stop to ₹4.25 if it tops ₹5, targeting ₹8. Published November 29, 2025.

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The Hindu BusinessLine The Hindu BusinessLine — 2025-11-29

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