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**
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.