Hindustan Zinc is trading a parallel channel. With resistance at 211.45, a bear engulfing candle was observed on 29th July. Also, 200 EMA is above 50 EMA with RSI on a decline. Can go short at 210.80 with targets at 203, 198, and 195.50.
Trade closed: target reached
1 target reached after that trailing stop-loss got hit.
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