HEG LTD
Panjang

A good buy at CMP

HEG CMP 2264

Fib : the dip to 38.2% is telling me there is tremendous strength in the uptrend.
Channel : break of the channel and retest is an opportunity to buy.
RSI : on the weekly time frame RSI is reversing from 50 is again an indication of tremendous strength.
Its a very good buy at CMP of 2264 with T1 3100 and T2 3600

Note- Go back in history and draw ur trendlines if they are hitting the pivot points in the current mkt, u know ur drawing ur trendlines correctly.

Penafian