HEG
Break soon as possible BUY BUY BUY 900+BUY HEG IT WILL SOON 900+ oncr break this resistance it will soonn 900+++
HEG Limited for longStrong support and move upward with large volume. buy between 830-835 with SL 780,
Target 915.920.
#10 HEG- Long for Target of 1200NSE:HEG
Reasons being:
1. Expected Upper Breakout Near short-term resistance in Daily chart
2. Breakout in OBV
3. More than Daily Normal Volume in the last trading session
4. Expecting it to form Higher High Pattern in Daily Chart as it has closed above 952 from where price has seen a reversal
Long for a short-term target of 1200 in 3 - 4 days with a stop loss of 897 in daily closing basis
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
Positional Investment Idea - HEGHeg Brekout after long time.
Buy at CMP - 970
SL 870 on closing basis
Target open as of now, It's always better trail.
HEG ,multibagger opportunity !!!!HEG keep on radar breaking 880 may lead towards 1200 in short time , Do your analysis before investing.
for follow up and past result can follow on twitter
HEG ACCUMULATION TIME (WEEKLY)..STOCK : HEG
CMP: 1662
EXPECTED TARGET 5000+
BUY/ACCUMULATE IN THE RANGE OF 1000- 1300 FOR HIGHER TARGETS. EXPECTING A DECENT BOUNCE FROM 1000-1300
POSITIONAL TRADE IN HEG POSITIONAL TRADE IN HEG
BREAKING OUT OF RANGE
MOMENTUM INDICATORS ARE PICKING UP
BUY@2270
STOP@2200
TARGET@2450
NSE : HEG might try to touch 2900 plusHEG might try to touch 2900 before Feb 06 most likely before falling back rapidly.
Use stop loss
HEG sitting on supportClosing below 4224 would be weakness for the stock.
S1 : 3772
S2 : 3406
S3: 3041
Stock would be strong when closes above 4812
HEG weekly chart study- Bulls party over!HEG weekly chart study- Bulls party over! This doesn't mean that bears are going to party.
Here is what we can deduce:
1) Parabola broken. So those who did not book profit can book completely.
2) No fresh buying.
3) No shorting until we see a close below 200 day SMA and channel breakdown.
HEG - Fall from 4550- Warning Bell About to Ring 20:33 Hrs 27th Sep 2018
Last Price@3475
HEG is an excellent stock which moved from lows at 20 in year 2000 to Highs - 4550 in 2018 - Outstanding move. Hence I have used log chart. log charts are usually used when the stock has moved by a large percentage over the considered period. Move from 20 to 4550 surely has to be checked on log scale.
As a analyst, first thing in market we should learn to keep in control is our emotions else it may trap us. A famous statement - Never ever marry your stock .
For markets, we individual don’t exist. Market doesn’t know whether we made profit or loss - as they do their job emotion free.
I would just say -something which goes up always comes down - having said that let me put down my points why I feel HEG can make further up only above 4550 levels else we are dangerously placed at highs of 4550.
13th Aug - Hourly Chart
Weekly Charts
RSI Indicator is forming negative divergence which is not confirmed yet as of 13th Aug 2018
This whole move looks like ABC wave & recent fall which has started approx from 4550 ( precise -4542 Highs) looks to be impulsive but won’t hurry up & jump into trade unless I get some confirmation.
Confirmation points are 2880 & 2550 which could be strong support levels in coming days.
Key & Critical Support
Any move below key levels like 2880 & extending further below 2550 -should be warning bell for the Investors & let us not forget the case of PC Jewellers which had a fall from 600 to levels below 100. These will be check points in days to come next.
Key Support Zone - 2880 - 2550
Critical Support Zone - 2200–2250
What Next?
Any move above 3500 & holds above 3500 could be opportunity for upside but be careful once it starts trading and holding below 3500 mark - do check key and critical levels to plan your trade.
Not putting downside objective as it may create negative bias - just be careful.
Have a wonderful trading week.
