HEG..positive divergence?HEG is forming a base around 2000 in the short term and tested it again and bounced with volumes today...highly oversold on weekly charts with market bullish can this give a rebound?Longby mklives3
not looking good!if it doesnot recoup 2100 level within couple of days, the chart is reminding me of a famous lady's prediction! Now it seems it is not impossible! Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.by PositionalPicks111
Formed double bottom. HEG has closed to day at a level which is a double bottom. The stock may now move up from this double bottom. A couple of days ago, it broke 2/1 support at 2125 and is in bearish trend. The next support is at 1635, which is a 1/1 ascending angle support over a chart of two year span, signifying a very strong support. I expect the stock to move up in the first half of April. by sabyasachi_nath12
HEG - crossed trend lineHEG crossed the long trend line today. But, a grave stone is formed. Looks like some body is discouraging the small investors entry. Expected next tgts 2324 / 2380 and 2550. Stop loss 2219 or 2200.Longby Sunandamedi0
HEG <LONG>Place buy order at 2175 and expect the targets of 2278/2379 and 2536. Bullish Flag formed.Longby SunandamediUpdated 2
POSITIONAL TRADE IN HEG POSITIONAL TRADE IN HEG BREAKING OUT OF RANGE MOMENTUM INDICATORS ARE PICKING UP BUY@2270 STOP@2200 TARGET@2450 Longby manavtechresearch7
Bearish - At Intermediate SupportIntermediate Support - 2050 - 2100 Hulk Support : 1550Shortby rishavTAUpdated 0
Gone below supportFor the last three trading days the stock is treading below support, has to close above 2100 for intermediate target of 2600by sabyasachi_nath3
inflection pointseems ready to fire! 2600 n then 3k..todays' move will decide.Longby PositionalPicks1
Consolidating.Strong support is at 2000. For down move the intermediate support should come at 2222, if it turns bullish, intermediate resistance levels are 2575 and 2672.by sabyasachi_nath5
HEG : Penant patternHEG has seen a sharp correction from near 5000 level to below 2000 level and then went into consolidation mode. All this fall and consolidation have leave to emergence of pennant on daily chart. MACD is trading below 0 line but positive crossover has been witnessed. on upside level 2320 and 2650 would be the resistance level. Close past 2320 would negate Pennant formation and close below 2030 or recent low of 1970 would clear signal for continue of bearish momentum based on pattern. Target of pattern is 900 points but for simplicity reason we would focus on % correction below the breakout level, which is 1430 (30% below breakout level). Reason for the next could be SL of alogrithm based on Mean Reversion as market has not touched 20 day moving average even after 1 month. Value buyers could also emerge considering old ROE,ROCE, Interest coverage ratio. Trader should attempt Buy only on close above 2320 with SL of 2150 for target 2650 -3200 OR sell only on close below 2000 for target of 1780-1500 with SL above 2180. Range Trader can look for 2040-2300 range.by UnknownUnicorn42605590
NSE : HEG might try to touch 2900 plusHEG might try to touch 2900 before Feb 06 most likely before falling back rapidly. Use stop lossLongby BlackJackCoUpdated 0
HEG has support nearby. HEG is likely to stay above 2490, being the ascending angle supportLongby sabyasachi_nath7
Should hold long term supportAfter prolonged down move HEG found long term 1/2 angle support at 2020. This is the support we expect to be held in near term.by sabyasachi_nath8
HEGLooks like more downside is left in the tank, will keep a track on 3rd and 4th wave to trade 5th wave.Shortby yogi_sharma_elliottician2
probably pain will stop near 1950ish levels! hopefully!if it goes below that on closing basis? then, it will go out of my lens!! by PositionalPicks2
HEGBy breaking every support, it makes a new record in stock history, without any negativity in the share. Let's see where it ends? A possible pit is around 1200....its forming a channel now.Educationby bullrun2018222