sabyasachi_nath

sabyasachi_nath

While there is a possibility that it may go down up to 338 in short term, there is a support nearby which may hold the downfall at CMP or today's low and by 17th August we may see a level of 417. If it happens so, it may turn bullish there after.

sabyasachi_nath Updated 

If the support is held it is likely to consolidate for about 45 days with an upper bias before good move comes

sabyasachi_nath Updated 

Likely to cross 99.25 on Friday. If it does so as anticipated and remain bullish there after, the next target will be expect 120/ 133 by August end/ early October '20.

sabyasachi_nath

Next week there is a possibility of breaking the shackles. My only worry is the star.

sabyasachi_nath

Support for the next week ranges from 113-114. Break out possible on the next week if it is able to cross 135.90 on 11th August.

sabyasachi_nath

May consolidate for some time around 810 with support in the range of 790-808. If up move starts, there is a resistance at 918 likely to be encountered in a month's time and if it is crossed, year end target will be in excess of 1078

sabyasachi_nath

By end of the next week an up move may come. Target will be 95-99 in say, one month time.

sabyasachi_nath

Fresh long position can be initiated with Monday's support at 391 and a target of 480 in say, a month

sabyasachi_nath

Support 580,target 809 by December '20. And beyond 812, it will be on its own.

sabyasachi_nath Updated 

I see an imminent break out in a short while, 926 is the level to watch out for, in this week.

sabyasachi_nath

Under normal circumstance the up move may come in October i.e., five weeks from now. The support during the interim period will range from 276.65 to 302.65 progressively ascending. Break out may occur around 7th Oct or may even come as early as 31st Aug. Resistance will range from 338 to 315, progressively descending during this period. If it turns suddenly...

sabyasachi_nath

It means that the stock rebounds from this level and we may assume that this is the turning point then only an up move is logical. My target for HEG is 1650 by January 2021.

sabyasachi_nath

If it is able to cross 69 by the month end, fresh bullish move can be seen there after.

sabyasachi_nath

Resistance ahead at 791

sabyasachi_nath Updated 

Doubled from recent bottom and no sign of weakness! By October it may cross 1000 and by the year end 1200, I hope.

sabyasachi_nath Updated 

Support at 800, resistance at 860, intermediate term target 900

sabyasachi_nath Updated 

On strong long term support. Extremely bullish in the short term.My target is 3500 by Nov end

sabyasachi_nath

Crossed the strongest resistance line with a strong move yesterday. One may go long with a support at 208. The support line should not breach for a couple of days for making a good base there.