Company
HATHWAY LTD FALLING WEDGE + SUPPORT TEST NSE:HATHWAY
Hathway ltd formed a falling wedge pattern and
tested the major support zone.
Positional setup
the trend can reverse and bounce towards the resistance zone of 50.
the risk-to-reward ratio is very good in this setup.
##Daily chart view
detailed analysis is on the chart.
keep learning,
happy trading.
** please like and comment if you find it useful.
HEG ready for a blast✔heg cmp 2195
add @2100 range
2370-90 acting as a good resistance.
once it breaks the resistance, we can see a good ride in the stock.
Why was it selected❓
🔹expecting good growth in this company
🔹Technically looks good.
🔹Funda almost good.
🔹Good numbers.
🔹Company is almost debt free.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
HEG Ltd is India’s leading graphite electrode
manufacturer. It has one of the largest integrated Graphite Electrode plants in the world, processing sophisticated UHP (Ultra High Power) Electrodes. It is the premier company of the LNJ Bhilwara group.
Thank You.💚
Like🔹Comment🔹Support
Varroc Engineering Short term analysis🍁 buy & hold for short term 🍁
enter @390-400 range
sl 375🙏
trgt 432-450-500+
study then invest
why I cooked it for u 🏋️♀️🏋️♀️
🔹technically the stock seems bullish
🔹perfectly respecting trendline support
🔹it in a major support zone
🔹postive q3 published but movements not done
🔹also we can enter with small sl, mean seems to be comfort RISK REWARD
Anyway study then invest guys
🔹support🔹-like🔹-comment🔹