HINDZINC, MAJOR MOVE POST 225.5 (CHART# 340)
As explained on chart, HINDZINC is showing intersection of 3 TL/Patterns and move above 225.5 can be good. If sustains & close above 226-27 then can be taken as positional as well.
Blue trend line running since Apr'18
Pink horizontal support/resistance line running since May'17
Flag pattern as highlighted in yellow.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
Blue trend line running since Apr'18
Pink horizontal support/resistance line running since May'17
Flag pattern as highlighted in yellow.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.