HEG trade ideas
Heg : Rectangle pattern pattern (Time frame - 1 Week )Heg : Rectangle pattern pattern (Time frame - 1 Week )
Chart time frame -1 Week
Trade type -Short term
Duration - 2 months
Entry - 2110
Target - 2440
Stoploss - 1790
Risk : Reward - 1:1
Disclaimer :
Entry - Bullish candle should sustain above the mentioned level for 5 to 15min. Then only entry shall be taken.
Target - Sometimes, exact target value may not be achieved. It shall be booked as per your comfort zone.
Stoploss - Stoploss value shall be checked on the basis of candle close at the end of the day.
Quantity - It shall be decided on the basis of stoploss and risk profile based on total portfolio value.
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investement advisor. Please Trade and invest based on your knowledge and risk profile.
HEG TRADE PLAN: 11 OCT 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
HEG - Ready for a wild move towards it's all time high ?HEG trying to come out of six months beautiful consolidation with visible accumulation and a long down wick on Daily candle on 23rd august. If momentum kicks in and crosses 2570 with volume, the stock has 50% upside potential.
Follow proper risk management and Be ready.......
HEG - BO?My trade recommendations are always meant to be educational and never investment advice. Losses incurred on the trades are entirely your responsibility and not mine. The only reason I put real-time education tutorials is to prove that I am not a scam.
Breakouts are always a tricky trade but it is one of the old TA patterns that still has an edge. Breakouts are tricky because of various reasons:
1. Lack of volume spike
2. Consolidation period
3. Candle size
4. Buy after retest or buy straightaway?
These are some to name a few. In this one, I intend to make people understand another shape/form of breakout and the pros and cons associated with them.
