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multiple channels, Also formed a double bottom.....lets see
By 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.
On daily basis.....its coming down. lets see the arrest at 2200...the worst, still I don't know..............
If it crosses R-1 in the coming days, it ill sure to touch R-2 around 2200......may the force of nature save us. Upper target is above 5000 sure from there....in 2~4 weeks.
If the chart touches the support line, sure to jump in for a quick rise....
If HEG crosses 3606- in the weekly-closing chart by next week(14-1-2018), it will sure to touch 3100...before the end of Jan-2019. Let's wait and watch....
So far journeyed within the band....but not crossed the support-2. If it crosses it, it will try to touch the support-1 around 3100...lets wait
May go to a high around 11000 ~ 11500, then return to ~10000 by the end of March (or) early April-2019, by the Head and Shoulder pattern...
must go below 3000............before crossing 5000......lets see
watch the downtrend carefully towards the target of 3200...
IF HEG follows the dotted trend line, it may find a strong reversal support @ 3530-......but market is wild and uncanny...