sabyasachi_nath

Formed double bottom.

NSE:HEG   HEG LTD
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HEG has closed to day at a level which is a double bottom . The stock may now move up from this double bottom . A couple of days ago, it broke 2/1 support at 2125 and is in bearish trend . The next support is at 1635, which is a 1/1 ascending angle support over a chart of two year span, signifying a very strong support. I expect the stock to move up in the first half of April.

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