Using the retracement bearish point of Q1 as a base for the Gann Fan, we may see a low of 858 and hoping for target of 1320.
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.
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...
Target for HEG is around 6000 levels before 10th Dec.
HEG target around 6150 before 10th December
Hopefully we should see upside this week with long rally with a target of 1320 levels before Dec 10th.
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!