HEG LTDLong
A good buy at CMP
HEG CMP 2264
Fib : the dip to 38.2% is telling me there is tremendous strength in the uptrend.
Channel : break of the channel and retest is an opportunity to buy.
RSI : on the weekly time frame RSI is reversing from 50 is again an indication of tremendous strength.
Its a very good buy at CMP of 2264 with T1 3100 and T2 3600
Note- Go back in history and draw ur trendlines if they are hitting the pivot points in the current mkt, u know ur drawing ur trendlines correctly.
Fib : the dip to 38.2% is telling me there is tremendous strength in the uptrend.
Channel : break of the channel and retest is an opportunity to buy.
RSI : on the weekly time frame RSI is reversing from 50 is again an indication of tremendous strength.
Its a very good buy at CMP of 2264 with T1 3100 and T2 3600
Note- Go back in history and draw ur trendlines if they are hitting the pivot points in the current mkt, u know ur drawing ur trendlines correctly.
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