Last month end saw good strong breakout from 175 levels . August month first 2 weeks consolidated in a narrow range a strong breakout above 190 levels on day closing bases will trigger new buying intrest that can move stock towards next resistance zone 205-215 by august end or september first week with sl185 closing bases on day closing bases .
The chart is showing ascending triangle pattern but wait for breakout if it break the level of 177-179 then a person can take entry, and the target will be around 200-210 and stop loss will be 159-160
Positional**
Heidelberg cements broke its resistance of 243 with normal volume.
Can enter tomorrow or can wait for confirmation by high volume above 243
Educational purpose
Note- Trade at your own risk
greets to all. HEIDELBERG is in oversold as its channel pattern
the stock yet may open in gapdown we can expect
towards upmove by after taking a support @ channel bottom
and fibbonacci retrace levels. all our predictions for very chart term
15 minites
Heidelberg is oscillating between 159 and 155. Heidelberg is trying to break 159, but could not. Once it breaks the 159 resistance, there can be huge upmove. Buy above 160 and target 20 points in few weeks.
