HEG Skyrockets! All Targets Nailed with RisologicalHEG on the 1-Hour timeframe successfully executed a long trade with all targets from TP1 to TP4 hit with remarkable precision.
Trade Highlights:
Entry: ₹428.35
Targets Hit:
TP1: ₹448.85
TP2: ₹482.00
TP3: ₹515.20
TP4: ₹535.70
Stop Loss: ₹411.75
Technical Insights:
This trade showcased the accuracy and reliability of the Risological Trading Indicator in identifying optimal entry points and scaling through multiple target levels. The upward trend was well-sustained, demonstrating confidence in the tool's ability to manage trades effectively.
HEG
Graphite Ready To Flyy!!!Buy GRAPHITE at 524 and all dips...
Target1 - 765
Target2 - 908 (if closing above 908)
Target3 - 1030
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions
SWING IDEA - HEGHEG, a key player in the graphite electrode industry, presents a strong swing trading opportunity
Reasons are listed below :
1950-2000 Strong Support Zone: This zone has proven to be a reliable support, making it a crucial level for price stability.
Bullish Engulfing Candle on Weekly Timeframe: A clear sign of buying strength, indicating potential for a bullish move.
Cup and Handle Pattern Breakout and Retest: A textbook breakout followed by a successful retest, signaling potential upward momentum.
50 EMA Support on Weekly Timeframe: The stock is supported by the 50-week EMA, adding to the bullish bias.
Target - 2400 // 2740
Stoploss - weekly close below 1900
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@visionary.growth.insights
HEG may be in last Leg of consolidation before it can move up.HEG Ltd. engages in the manufacture and exporter of graphite electrodes. It operates through the Graphite Electrodes and Power Generation segments.
HEG Ltd. CMP is 2069.30 The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Strong cash generating ability from core business and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are High Valuation (P.E. = 40.8), Declining profits every quarter for the past 4 quarters, Stocks Underperforming their Industry Price Change in the Quarter and PE higher compared to Industry PE.
Entry can be taken after closing above 2089 Targets in the stock will be 2200, 2306, 2406, 2502 and 2565. The long-term target in the stock will be 2622, 2658 and 2750. Stop loss in the stock should be maintained at Closing below 1997 or 1922 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
#HEG ltd Cup & handle pattern 20-30% upmove dega kya?HEG ltd cmp 1882, market cap 7264 cr, company is leading manufacturer and exporter of graphite electrodes.
PE vs ROCE ratio is better as compared to another leading player graphite India. My concern is the fall in Operating margin trend. Holding% Dec'23 promoter 55.77( 59.62 Mar'21), FII 6.85(9.43 Mar'21), DII 8.85(7.41 Mar'21). Infact some new mutual fund players entered in feb'24 also so Mar'24 DII numbers should be up.
Technically the chart is making cup n handle kind of pattern on weekly time frame and breakout above 1931 can bring fast movement. Upside levels can be 1)2335 2) 2470 3) 2575 4) 2763(imp level) 5) 3108. Once 2763 is crossed I will bring sl of remaining qty at 2470 and try to ride the trend till 3661/4557.
HEG READY TO SHOOT!!!
Wave 1 and 2 complete Wave 2 has retraced Wave 1 by more than 80% and less than 100%
which suffices the Wave 2 retracement rule by Elliott Wave Theory.
Wave 3 extends a minimum of 161.80% 0f the Wave 1 hence Target derived for the Wave 3.
This is the Wave i.e. Wave 3 which every trades aspires to get in as this is the Wave where the profits are maximum.
This is a beautiful investment opportunity with an amazing Reward to Risk ratio.
NSE:HEG - Taking trading bet with small stop loss...NSE:HEG
- The focus is on risk management taken in position for pop as part of the PWI Lab portfolio.
- Let's check the company's history to understand what they do.
- Proxy to steel was positive in the past.
- Crude oil can be a spoiler in the current situation.
- Price action is considered as the ultimate authority.
#CARBORUNIV #ORIENTABRA #WENDT #GRINDWELL #HEG #WHIRLPOOL #TWL #CARBORUNIV
NSE:CARBORUNIV
CMP: 885
TP: 1050
SL: 828
TF: <6m
RR > 2.8 times
Return 18%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
HEG Ltd - Demand at 650 and Supply at 2500Context - Dropped 90% to 411 in 2020 after 40x Up to 4400 in 2018
High Vol up from Aug to May'21 met supply at 2500
Demand appeared at 1000 in Jun'22, holding there
Given above, could plan -
to Purchase Breakout above 1850
or, rejection indications near 650
PB 1x
PE 9x
ROCE 14%
Div 3%
SELL AROUND 2280 TGT 2070/1800 SL ABOVE 2450The stock had shown growth only on the basis of sectorial growth as it had been consistently posting loss which makes it weak fundamentally. Also on chart negative MACD crossover along with declining volumes indicates weakness in the stock if it posted bad results again in upcoming quarter.
HEG LTD: Big breakout and outperforming stockHi All,
HEG ltd has given a big breakout this week above 1250 levels. The stock has been a outperformer and has potential to give big returns in medium term i.e. within 5-7 months. The volume addition at lower levels shows the strength in the stock. If you get the stock at lower price then accumulate the stock .
Targets for short term (3 months) will be at levels of 1850-1900 , medium term targets (6 months) will be 2200 and long term targets (9 months) will be 2500-2600.
Keep the stop loss as per your risk appetite.
*** ideas are my own*** Invest as per your risk taking ability**