Broadening top Reversal Patterm Short — HINDUSTAN ZINC INR2 (NSE:HINDZINC) / 2016-11-29 — praveen.bhatiya | TradingView India

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HINDUSTAN ZINC INR2 (NSE:HINDZINC)

NSE:HINDZINC HINDUSTAN ZINC INR2

broadening-top Divergence Relative Strength Index (RSI) overbought short HINDZINC NIFTY

broadening-top divergence relativestrengthindex overbought short hindzinc nifty

There is a possibility to trade Broadening top pattern. RSI is forming divergence also confirming weakness in the stock. Shorting now with Stop Loss just above the high made recently.

Trade closed: target reached: Happy with the profit so closing the trade here.

Hind Zinc Short Setup

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