Expecting Huge breakout ✌✌✌This scrip is under consolidation and is expected to give huge breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit.
HEG trade ideas
The last hurdle aheadWe don't know when the scrip will meet the last resistance now, could be as late as December 2021 and then the coast will be clear. During this period if it is able to cross 3000 on sustained basis, it will be a signal of breakout
STOCK FOR THE WEEK HEGGood evening friends We are today expressing our opinion on HEG if the stock is sustaining above 2320 level in days to come you will see minmum movement of 240 points in a week.
it is our opinion only no recommendation please.
Regards.
HEG - #CautionIf HEG breaks down from 2050 it could call 10-15% in quick time..
1920 first support and then 1700.
Stay cautious as this is a highly owned retail stock if it breaks down.
SL above 2125. (Very right SL)
HEG VCP Trade. Pivot currently in progress.Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call.
As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress.
The C2 contraction was half of first, but the C3 was 18.5%. The last contraction C4 now ( the week just started today) seems to be forming in a less than 10% range. (Hopefully this tight range is maintained for the running week.)
Another positive sign is that the pivot range is forming above the centre line of the first contraction.
Contraction's less than 10% in the final contraction means that the stocks supply in the market has diminished considerably and the daily volumes are confirming this with below average numbers.
Whenever a huge demand will occur, it's very likely that the price of HEG could explode.
Will HEG explode or turn out to be dud ?
Will it experience a shakeout of weak hands ?
What are your thoughts ?
Watch this space for updates.
Thank you for following my work. Please feel free to share your thoughts, critiques & suggestions.
Trade Wisely & Trade Well.
Disclaimer:
The content provided is my personal experience sharing through technical analysis studies.
The content can only be used for education purposes and is NOT a recommendation for buying or selling stock.
Please consult your financial advisor before making a decision.
Trade at Your Own Risk.
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
HEG - LongStock after giving a good ICMC BO is now taking a pause. Above 2530 stock has a candle shunting all the way upto 4000 level.
Worth keeping close watch.
Expecting Breakout ✌✌This scrip is getting Ready To fly after retracement it is going to move Further. So traders keep on your Radar.
2 bullish pattern breakouts on same dayCMP: 2413.75, T1: 2919, T2: 3375, SL: 2080
Study :
1. Flag pattern breakout
2. Triangle pattern brekaout
3. Breakout candle is a Bullish Marubozu Candle
HEG Cmp 2414 dated 24.5.2021HEG Cmp 2414 dated 24.5.2021
1. Flag Pattern
2. Cup & Handle.
Buy for a tgt of 3050 SL 2275
& long term tgt of 3560 SL 2125
It is just a view, pls trade at your own risk.
On the verge of breakout ✌✌Heg Is forming Triangle pattern and is Ready To Move so keep on your radar for some Decent Returns.
HEG AT CURCIAL LEVELS!IF it breaks 2343 and closes above golden ratio on daily tf, the breakout will be strong!
#HEG Ltd. From 1818.10 to 3300 BUY #NIFTY #BANKNIFTY #GRAPHITE#HEG
NSE:HEG
CMP 1818.10
Target: 3300++
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
Might blast to more than 3300++
Super Bullish on this stock.
From Rachit Sethia with 💚
