Investment advisor Financial Independence noted that Hindustan Aeronautics (HAL) shares have strengthened since mid-April. The stock has formed a solid base near ₹4,900 to ₹4,950. They noted that a daily close above ₹5,050 to ₹5,100 could reignite bullish momentum toward ₹5,250 and above. The RSI is cooling off at 58, showing room for upside after minor breather.