HEG - Ready for a wild move towards it's all time high ?HEG trying to come out of six months beautiful consolidation with visible accumulation and a long down wick on Daily candle on 23rd august. If momentum kicks in and crosses 2570 with volume, the stock has 50% upside potential.
Follow proper risk management and Be ready.......
HEG
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
HEG breakoutHeg 2018 July high was made ever since this level isn't broke.But current MMT policy coupled with commodity uprise has left heg in an optimistic position where it can break this historic trend line and finally reach at its all time high. As you know metal sectors are at all time high can lead this graphite stock reach are predominant levels
#POWERGRID CMP236Target258 #ADANIPOWER #TATAPOWER #RPOWER #NIFTYWeekly Chart
#POWERGRID
NSE: POWERGRID
Short Term Quick Profit
CMP 236.25
Target : 258
SL : 226
Timeframe < 30 Days
Can hold for longer time
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is a lot more
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
#GREAVESCOT #ENGINEERING #ENGINERSIN #MACHINERY #EQUIPMENT 11%+ Greaves Cotton Ltd
#GREAVESCOT
NSE:GREAVESCOT
CMP: 145.35
Target: 170++
May hold above 170
Stop Loss: 127
Time Frame: Approximately 3 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 200 in longer time.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Graphite India and HEG 5x since last lockdown!NSE:GRAPHITE and NSE:HEG has given stellar returns since 23rd March 2020 till date. Journey still continues as they are as hot as Steel segment gets HOT !
And further will continue after a correction (when steel gets cold) due to Electric Vehicle battery component demand.
philip carbon consolidation trade setupstock after one side upmove
consolidating in range 185 to 210
with current formation
i see 184 area as sl for 230 /250 + targets in short term
Imp Is its above moving averages like 100/200 /20 etc
HEGNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading