Hindustan zinc near breakout Descending traingle pattern
Buy after breakout
For tip
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Note- don't deal in F&O
Feel free to contact 82696 13561
HINDZINC trade ideas
Hindustan Zinc1) Multiple Inside Bars formed from 1st week of July
2) Bouncing from Trendline (which was formed over 66 weeks)
3) Stop Loss could be around 3.5% to 5%
HINDZINC viewsThis script is being observed trading consistently above value area from 26th July 23.
It will be worth to observe this script for study purposes hereafter.
HINDZINCIt is at support level in ratio chart and here risk reward is much favorable. So long can be considered here with small SL
Breakout Possible Stock! #HINDZINCBreakout Possible Stock!
Hindustan Zinc Ltd. #HINDZINC
1- Rising above Volume Profile
2- MACD Positive Crossover
3- High Weekly Volumes
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
HINDZINC is ready for breakoutHINDZINC above 335 can give breakout towards 360 372 zone
With SILVER and COPPER price rising there could be some action in #HINDZINC
HINDZINCNSE:HINDZINC
One should Wait for the WEEKLY close Above the trendline !
Keep in your watchlist enter on Friday !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Classic Chart Pattern.Hindustan Zinc is forming ascending triangle formation, volume is good, wait for breakout and close above breakout for entry.
HINDUSTAN ZINC - DAY CHART - 09.01.2023 - BAHAVAN CAPITALHINDUSTAN 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 positive side..
Happy Profitable Trading to all...
Hindustan zinc: breakout candidateHindustan zinc is a potential breakout candidate. Keep it on your radar!!!
Hind zinc Company has reduced debt.
Company is almost debt free.
Stock is providing a good dividend yield of 11.3%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 98.1%
negative :
The company has delivered a poor sales growth of 11.2% over past five years.
Promoters have pledged 86.0% of their holding
Monthly Channel Breakout HindZinc Analysis:
Stock has broken monthly Channel and currently price on correction, good to enter on the demand zone (Green)
Based on the price actions for the target for 350 +
Lets See..
Happy Investing!
Hindustan zincHindustan zinc
Currently retesting the breakout zones.
Keep an eye
CMP 297
Long if stays above 298
sl 292
Buy Hindustan ZincBuy Hindustan Zinc (NSE:HINDZINC)
Buy Range- 306 - 309
Target- 325 - 330
StopLoss- below 299
Potential Return- 7-8%
Approx trade duration 8-10 days
HINDUSTAN ZINCRED HORIZONTAL LINES indicate the resistance and the GREEN HORIZONTAL LINES indicate the support level
Conditional bullish view on HINDZINCMy conditional upside view on NSE:HINDZINC
Will enter in trade once price retest level of 275. Wait for target 292, 296 & 308
Have to exit if price trade below 262 level.
Note: This is my personal analysis, only for learning.
Rounding Bottom pattern activatedHindzinc daily chart is being seen as rounding bottom pattern with volumes activities and
It is also fundamentally attractive valuation available with strong balance sheet. Quarterly results were also very strong posted by company.
Stop Loss : 255
Target : 307, 325, 385
Time Frame : 1 year
Investment as per your risk profile..
Risk is yours and Reward is too yours totally.
HINDZINC Daily Time FrameNow its in the Exact Support Zone Possibly it went go up! so take trade accordingly once its breaks below or above!
#hindzinc #vedl #hindcopper #coalindia #xauusd #xagusd #steel #HINDZINC
NSE:HINDZINC
NSE:HINDZINC
HINDZINC
CMP 304
Target 390+
SL 285
TF < 6 months
RR > 4
Return 30%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Hindustan ZincSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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HINDZINC NSE BULLISH ABOVE 360HINDZINC is bullish if it holds above 360. Near all-time high.
** For educational purposes only
BSE:HINDZINC
