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.