Hindustan Zinc has completed the long-term Head & Shoulders Pattern recently and is looking bullish with an upside of INR 150 from current levels in the near term of 12-18 months horizon.
Hindustan Zinc is setting up for a breakout of a multi year inverse head and shoulders pattern!! When price breaks out up of 339.3 on a monthly closing basis; anticipate an accelerated upward move which can go as high as 952. Stop loss can be set at 297.5. If stop loss hits, anticipate one more swing low to 216 levels before stock resumes uptrend. Stock also...
HINDUSTAN ZINC as per Day Chart Analysis Stock ABOVE 345 TARGET 350 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on the...
Hindustan zinc is a potential breakout candidate. Keep it on your radar!!!
HINDUSTAN ZINC Above 50 Moving Average MACD Strong RSI - 71.94 on oversold - Slight fall is possible Targets - 350 & 361 Support level - 342 Strong Resistance - 361.30 Like & Follow :)
add more if price comes down. breakout with high volume. hence the rally should continue for 10-15% atleast
Strong MACD, StocRSI parameters, and the recent pullback show that if the trend continues for the short term, we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening. More Over the Metals segment has taken a strong recovery, and more so on the backdrop of 1.3...