HEG trade ideas

bullrun2018

JUST LEARNING,,,,,,,

balajis.elcom

Using the retracement rally bearish point on Q1, we may see a possibility of 3996 over the next two days hopefully for an target of 6150.

surajagarwal15743

Support at 50 dma as well as 50% fibo retracement levels.

sabyasachi_nath

HEG will return to bullish move if any trigger gets actuated. Else, it is likely to consolidate till 10th December and down to a level of 4080 for any natural up move from there on.

PositionalPicks Updated 

Consolidating

PositionalPicks

consolidating within a channel. HEG not going anywhere if not closed above 4455. technical breakout possible only above 4625 on closing basis.

balajis.elcom

I have compared the Q1 and Q2 price movement patterns and have marked with numbers 1,2,3,4 (against each quarter). Also using the fibb retracement, I have charted that using the 4950 retracement rally levels from the bearish point of 2986 and expecting a target of 6154 and expect spikes of 6300-6400 (All time high expected) over the next 20 days.I am republishing...

balajis.elcom

Target for HEG is around 6000 levels before 10th Dec.

balajis.elcom

HEG target around 6150 before 10th December

sabyasachi_nath

HEG has short term support at 4200 and a resistance at 4500

balajis.elcom

HEG Fibb Retracement:In Q1 from the bearish most point which was 2580 levels it moved to 4375 levels(approx 68%).In Q2 from the bearish most point of 2986,we can expect a target of 6154 friends!

sabyasachi_nath

Came from resistance at 4450. Hope it is able to cross the resistance by EOD.

sabyasachi_nath

HEG will cross 1/1 resistance if it crosses 4460 on Monday.

karthik98ks

refer chart for details

sabyasachi_nath

This is hourly chart. Since 26th October the stock is trying to cross 9 month 1/1 resistance line. Hopefully it closes above 4350 tomorrow. Support is 4200, target 5004.

sabyasachi_nath

As it has crossed 4289 on closing basis, if it sustains momentum, a level of 4950 in short/ intermediate term can be seen.

sabyasachi_nath

Immediate resistance at 4283, if it is rossed, then near term target will be 4890, the intermediate/ long term target being 6500. Support at 3225

sabyasachi_nath

HEG seems to be following support and resistance levels of 140 day chart. If it is so, tomorrow it shall close above 4000 and in short/ intermediate term we hope it tests a level of 4880-4900.