HEG Limited – Technical Outlook

HEG Limited – Technical Outlook (SEBI Reg. INH000019886 | Educational Purpose Only) The stock is trading inside a large rectangle (₹455–₹595) and has bounced strongly from support with solid follow-through buying. A triangle-to-rectangle continuation structure is visible, and price is approaching the mid-range with an attempt toward the upper boundary. RSI has turned up from 40, MACD is flattening with early bullish signs, and Bollinger Bands are expanding after a tight squeeze. Volume spike indicates fresh accumulation. Key Levels: Support: ₹505 / ₹455 Resistance: ₹595 Breakout Target (above ₹595): ₹780–₹820 Bias remains positive as momentum improves near the lower zone; a close above ₹595 may trigger a medium-term rally. ⚠️ Educational only; not investment advice.