HEG is currently in a consolidation phase near the ₹580 level after a strong rally, showing signs of short-term profit booking. Key support levels are around ₹530-540, while resistance is near ₹600. Momentum indicators like RSI and MACD suggest cautious optimism with RSI around 44-45 indicating room for upside but not yet overbought. The 50-day and 200-day moving averages provide support, signaling underlying strength despite recent volatility. Traders should watch for a breakout above ₹600 for fresh upside or a breach below ₹530 for possible correction.
BUY : HEG-EQ( HEG ) [1336]
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