STtraderr

Hindzinc, entering important zone 190-169

Long
NSE:HINDZINC   HINDUSTAN ZINC
My strategy will be buy on dips for this counter
from 190 to 169 with SL of 155
Targets will be 224, 234, 258 and finally 285
(1 year view)
In case of very long term view...
if it closes above 344 then further upside upto
401 and 441 expected
so if you can wait for so long then can extend current target
further 305 and 333
but it will take years... and normally i never hold a counter for so long
whatever trade you take, take in parts as buying range is big
from 190 to 169 and keep strict SL 155
Trade closed: target reached: High 360

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