HINDZINC on crucial level { Must be on watch list }

Jun 16, 2017

Hindustan Zinc is inside a channel where price is lil far away from bottom line and has made double bottom which indicates down trend is weak... But price is getting rejected from 247 which is a resistance level...

If price breaks 247 and sustain above that then we can consider it as a confirmed breakout..

In case of Breakout my targets will be 255/268/282/290+ where as SL will be 240 just below that resistance which could definatly act as support if price sustain above those levels...

And ,

If price break the bottom support region 230-220 (chances are less) then we can consider, it will follow downtrend with the channel... So, in that case target will be 212/200/190 and SL : 225

In both the cases Risk Reward Ratio is favourable...

Note: Do your own study before making any position...

Please Like, Follow and Comment your views below...

Jun 19, 2017

Trade active

Jun 19, 2017

Trade active

Jun 20, 2017

Trade active

Breakout....

Jun 20, 2017

Trade closed: target reached

Breakout!! Get Set Buy :D

Jun 20, 2017

Trade active

Breakout!! Get Set Buy :D

Jun 29, 2017

Trade closed: target reached

target 1 255 reached :D

Jun 29, 2017

Trade active

heading towards 2nd target :D

Jul 3, 2017

Trade closed: target reached

second target reached...

Jul 3, 2017

Trade active

revise SL for 3rd tgt

Jul 4, 2017

Trade active

Jul 11, 2017

Trade active

rising high..

Jul 13, 2017

Trade active

Jul 17, 2017

Trade active

near to hit 3rd tgt

Jul 20, 2017

Trade closed: target reached

3rd target reached :D :D :D revise SL for 4th :D

Jul 26, 2017

Trade active

very near to 4th come on baby 5 pts more to hit 4th tgt :D

Aug 21, 2017

Trade closed: target reached

All targets are achieved :D :)

Aug 21, 2017

Trade closed manually

All targets are achieved :D :)

Oct 9, 2017

Trade closed manually

All targets are achieved