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
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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.
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
HEG cmp 2290.50 by Weekly Chart viewsHEG cmp 2290.50 by Weekly Chart views
*HEG cmp 2290.50 by Weekly Chart views*
- Volumes spike over the current week
- Price Band 2525 to 2580 Resistance Zone
- Price Band 1965 to 2000 is a Support Zone
- Price took reversal from Support Zone to attempt scaling towards ATH
- Weekly basis Support
Ready For A Strong Upside Rally HEG is forming a classic ascending triangle pattern which is generally a bullish continuation signal. The price is approaching the resistance zone near 2800. A breakout above this level could lead to significant upside momentum. The ascending trendline from the lows in 2020 provides strong support,
HEG Long PositionalDate : 15-09-2024
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Reversal & Breakout (PICK RESEARCH TO OBSERVE)
HEG Looks Good Above 2170
SL 1960
Target 2319, 2469, 2768++
Hold Period : Few Weeks to Months
Reason for Pick : Breakout, Above 20, 50, 200 SMA
Please consult your financial advisor before inves
HEG Ltd! setting up for next BULL MOVE after the retracement!HEG Ltd. engages in the manufacture and export of graphite electrodes. It operates through the Graphite Electrodes and Power Generation segments.
Investment type: swing.
Market Cap - 80B INR.
Invest at own risk For educational purpose only!
A good buy at CMP HEG CMP 2264
Fib : the dip to 38.2% is telling me there is tremendous strength in the uptrend.
Channel : break of the channel and retest is an opportunity to buy.
RSI : on the weekly time frame RSI is reversing from 50 is again an indication of tremendous strength.
Its a very good buy at CMP of
HEG - Swing Trade - 20th May #stocksHEG (1D TF) - Swing Trade Analysis given on 20th May, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume Buildup at Resistance - In Progress
- Demand Zone Retest & Consolidation - In Progress
(Might come back to the Trendline for a Retest so be careful and do not
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of HEG is 440.50 INR — it has increased by 1.29% 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 fallen by −2.25% compared to the previous week, the month change is a −1.12% fall, over the last year HEG LTD. has showed a 40.47% 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 7.08% volatile and has beta coefficient of 0.65. 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 80.34 B, it has decreased by −2.56% 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 1.08%. 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 Nov 28, 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 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 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.