HEG trade ideas
Wedge patternHEG is on the upper part of the wedge like pattern...keep a watch if it breaks out...only downside is that it has 3 resistance points, but only 2 support points in the wedge, so it may fall back into the wedge and slide down... not ideal right now for taking positions...let's keep our options open. Targets are marked nevertheless
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.
Long Bullish viewHeg best price buy 2104 long view minimum hold 4 to 5 week achive best target pls follow risk reward .
Dont jump blind
HEG - TRIANGLE FORMATIONIt's a triangular breakout pattern .. buy near red line and exit if crossed below.. Follow TSL
HEG speculationa wedge is forming on an hourly timeframe in NSE:HEG and one can take positions accordingly.
Disclaimer: for educational purposes
HEG Get ready for the 2nd rideThe HEG share is being prepared for the moon shot. clear formation of falling wedge pattern. (discounting Corona drop in march)
T1: 1172
T2: 1556
T3: 2000
flat flag breakout price has formed flat range flag and broke with volume , seen weak sellers in few last sessions. breaking with wide spread, price is above 200 MA, with last swing low as sl (positional)
HEG next resistance around 2356trend looks bullish right now. next resistance around 2356. lets see if this level is broken or not.
Broken Supply Zone Stock Analysis: HEG Ltd has broken major supply zone on weekly basis. It is good buy around the demand area (Green Area) Marked on the chart for the near term target given on the chart.
Happy Investing!
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**
Heg gonna rock againHeg is breaking higher and higher... break out above 1200 makes target 1900... 70% upside... from now at 1066..
BUY HEG FOR POSITONAL TRADERISK REWARD IS SEEN FAVORABLE HERE. ONE CAN HOLD POSITIONAL TRADE WITH STOP LOSS OF 787
Something is Wrong with this stockwell on request of friend... made this chart... last hope marked... i personally will not trade this stock... be careful
