HEG in wedge might break HigherLooking at the chart we can see HEG is in wedge and will break soon so get ready for some good news which will make this breakout.
HEG
HEG - VCP Bullish pattern observedCMP 4240
Stop 4025
Long suggested above 4320
Target Open
Logic
Daily chart
Volatility Contraction Pattern along with volume contraction seen.
HEG Limited price Prediction for Next week : Target 3400HEG limited shown good strength in today super bearish market too.
Today HEG retraced from demand zone which is also Fibonacci 50% level making that level as strong support.
And price continued its upward movement till 1.382 level and retraced sharply. Thus creating a new demand point around 3140.
As the trend continues! We can expect HEG to be in 3400 in next few days.
