July-22-2009 – Buy HEG with stop loss at 200 by Varsha
HEG has completed 5 month cup shaped base. Recently it is hovering around its resistance line of 200. Continued buying around 200 builds optimism that it could march higher. You must watch 200 as a support line. It would be a good idea to build a small position which you could add later as it gives further confirmations.
HEG has completed 5 month cup shaped base. Recently it is hovering around its resistance line of 200. Continued buying around 200 builds optimism that it could march higher. You must watch 200 as a support line. It would be a good idea to build a small position which you could add later as it gives further confirmations.
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