HINDUSTAN ZINC LTD

160
As of the close on Monday, May 19, 2025, Hindustan Zinc Ltd (NSE: HINDZINC) was trading at ₹448.20, reflecting a 1.33% increase from the previous session.

📊 15-Minute Timeframe Technical Overview
Analyzing the 15-minute chart, the stock exhibits a mild bullish trend:

Price Action: The current price is ₹428.25.

Moving Averages:

The 5-period Exponential Moving Average (EMA) is at ₹440.66.

The 15-period EMA stands at ₹435.01.

The 50-period EMA is at ₹435.91.

The 100-period EMA is at ₹446.19.

The 15-period EMA trending above the 50-period EMA indicates a bullish crossover.

Trend Analysis: The 5 and 15 EMAs are on an upward trajectory, suggesting a mild bullish sentiment in the short term.

🔍 Technical Indicators
Relative Strength Index (RSI): The RSI is approximately 56.70, indicating a neutral momentum without being overbought or oversold.

Moving Average Convergence Divergence (MACD): The MACD is at 0.811, suggesting a bullish crossover.

Average Directional Index (ADX): The ADX is at 13.22, indicating a weak trend strength.

Stochastic Oscillator: The Stochastic Oscillator is at 63.96, pointing to neutral momentum.

Indicator: The supertrend is at ₹406.99, acting as a support level.

Parabolic SAR (PSAR): The PSAR is at ₹400.77, indicating an upward trend.

📈 Support and Resistance Levels
Immediate Support: ₹442.00 – a level where buyers have previously shown interest.

Immediate Resistance: ₹455.90 – a recent high that may act as a barrier to upward movement.

🔭 Outlook
The current indicators suggest a cautious approach:

If the price sustains above ₹442.00, there may be potential for a rebound towards ₹455.90.

Conversely, a drop below ₹442.00 could lead to further declines, possibly testing lower support levels.

Disclaimer

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