Hindustan Zinc - Double Headed Monster -Target done@230-270

Jul 6, 2017

Double Headed Monster

Last price -267.5013:55 Hrs 6th July2017

It is slightly different from Head & Shoulder Pattern with single head. This one has double head.
Look we have a double headed monster who can eat zinc at 270. Oval shape shows how we got 230 to 270 moves in our favour. All the updates are mentioned below.


Below 268 looks weak for 265 & below 265 for more on downside.

Target
Short term target shall be 265-265.50 - if sustains below 265 then we look for 230-235 back again (this target is only for patient traders not for all)

Previous Updates
Zinc Coating 230-240

Zinc -You are back at 230

Zinc - Polarity Reversal 233-248

Jul 6, 2017

Trade active

15:11 Hrs 6th July2017

Last Price@266.50

Running towards short term target of 265-265.50

Jul 6, 2017

Trade active

15:25 Hrs 6th July2017

Last Price@266.30

Short Term Target Achieved at 265.70 as suggested in the update below 268

Jul 10, 2017

Trade active

14:26 Hrs 10th July2017

Last Price@269

Short term Target done at 265.50

Next sell was below 265

Jul 12, 2017

Trade active

08:19 Hrs 12th July2017

Last Price@271

We don't hurry in trades & shall wait for markets to show us the way. Next, we are looking for break of 265 then only we will be interested to come back.