#HEG - Stage 1 Accumulation BO going into Stage 2 Growth📊 Script: HEG
Key highlights: 💡⚡
📈 VCP BreakOut in Weekly chart.
📈 Price gave a good up move and consolidated before BO.
📈 Volume spike on Breakout
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 610 WCB
⏱️ C.M.P 📑💰- 584
🟢 Target 🎯🏆 – 70%
⚠️ Stoploss ☠️🚫 – 34%
⚠️ Important: Alway
Next report date
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Report period
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EPS estimate
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Revenue estimate
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9.45 INR
3.12 B INR
23.81 B INR
78.27 M
About HEG LTD
Sector
Industry
CEO
Ravi Jhunjhunwala
Website
Headquarters
Noida
Founded
1972
ISIN
INE545A01024
FIGI
BBG000CS8KD7
HEG Ltd. engages in the manufacture and export of graphite electrodes. It operates through the Graphite Electrodes and Power Generation segments. The Graphite Electrodes segment provides facilities for production of Graphite electrodes and Graphite specialties. The Power Generation segment comprises of generation of power for captive consumption and sale. The company was founded on October 27, 1972 and is headquartered in Noida, India.
Strong breakout @HEG
Strong break out with volume at HEG
Price was facing the resistance of the trend line around the 580 zone
Break out after three years
Always keep stop loss to manage your risk, Stop is part of the game
For learning purposes # Manage your risk
Will not update on the same script, Tak
Amazing breakout on Weekly Timeframe - HEGCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the break
Multi Year Breakout candidateChina’s export restrictions are expected to create supply gaps, particularly in the US, which could boost demand for HEG’s products. Additionally, the global shift towards eco-friendly steel production using Electric Arc Furnaces (EAF) is expected to drive long-term demand for graphite electrodes. H
Possible Support and 200 EMA ReversalThe stock recently took resistance from it's 5 years old Resistance zone and now after retracement it's bouncing from lower trendline and 200 EMA.
One can take entry above 462.75 for First Target of 510/525
Once 525 is broken and sustained this stock can give a good upmove of 30-40%.
Put a strict
HEG 70% Upside Potential from Breakout Zone:- Keep In Rad
HEG is witnessing a strong breakout above the crucial resistance zone around 2400, backed by solid volumes. The stock is currently trading in an ascending triangle pattern, with a potential upside of over 70% from the current levels. A successful close above 2450 could propel the stock towards 440
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of HEG is 568.10 INR — it has decreased by −3.98% in the past 24 hours. Watch HEG LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange HEG LTD. stocks are traded under the ticker HEG.
HEG stock has risen by 30.61% compared to the previous week, the month change is a 26.43% rise, over the last year HEG LTD. has showed a 62.13% increase.
We've gathered analysts' opinions on HEG LTD. future price: according to them, HEG price has a max estimate of 525.00 INR and a min estimate of 504.00 INR. Watch HEG chart and read a more detailed HEG LTD. stock forecast: see what analysts think of HEG LTD. and suggest that you do with its stocks.
HEG stock is 3.01% volatile and has beta coefficient of 1.02. Track HEG LTD. stock price on the chart and check out the list of the most volatile stocks — is HEG LTD. there?
Today HEG LTD. has the market capitalization of 110.90 B, it has increased by 27.70% over the last week.
Yes, you can track HEG LTD. financials in yearly and quarterly reports right on TradingView.
HEG LTD. is going to release the next earnings report on Feb 18, 2025. Keep track of upcoming events with our Earnings Calendar.
HEG net income for the last quarter is 822.80 M INR, while the quarter before that showed 230.40 M INR of net income which accounts for 257.12% change. Track more HEG LTD. financial stats to get the full picture.
Yes, HEG dividends are paid annually. The last dividend per share was 22.50 INR. As of today, Dividend Yield (TTM)% is 0.78%. Tracking HEG LTD. dividends might help you take more informed decisions.
HEG LTD. dividend yield was 1.22% in 2023, and payout ratio reached 27.86%. The year before the numbers were 4.62% and 30.81% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 12, 2024, the company has 1.13 K employees. See our rating of the largest employees — is HEG LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HEG LTD. EBITDA is 2.65 B INR, and current EBITDA margin is 16.39%. See more stats in HEG LTD. financial statements.
Like other stocks, HEG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HEG LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HEG LTD. technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HEG LTD. stock shows the strong buy signal. See more of HEG LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.