Long term support at 152 has been held. There are a number of short term resistance points at 172, 190, 200, 220 which will be crossed if bullishness persists and the target will be 240-250.
Support 182, resistance at 200, target 250 in iintermediate term.
Sequent support is at 71.50, immediate resistance at 81.70, if crossed and bullish then the target is 101.50
After prolonged down move HEG found long term 1/2 angle support at 2020. This is the support we expect to be held in near term.
Found support at 2/1 ascending angle, after prolonged downmove. Support for Graphite exists at 496.
EDELWEISS a wonderful clear minded stock... May see a small downside before turning the wheels... I hope the picture speaks of the levels.. *Disclaimer.. may or may not happen ... pls dont put me in hot seat me if it does not pan out
I am holding it for long term. are you riding with me? Come, get on!
if it goes below that on closing basis? then, it will go out of my lens!!
hold it for long, very long! resistance ahead though @39-40
@ gann support - market looks dicey though.
Pls folks.. dont ask me for an explanation... this may again pan out or may not pan out... Its just my thought on my trail and error analysis... We just have to wait and watch