If it sustains above 334, initiate long RSI at levels of 64 Hold for targets - 391
#Watchlist #ZINC (4hr):- 247.75 CMP, at Support looks good for 253/255 (Invalid Below 245 DCB) 1) Trading at Support Zone :) 2) Volume Contraction #Disclaimer:- View shared is for educational purposes only. #StockToWatch
#ZINC (4hr):- 251.6 CMP, at crucial Resistance If closed above (251.9/252.4) this then 255/260 levels will come :)
Standing at a good fibo support and previous candle support is also there. Trade can be initiated with the given price and target. Please do your own analysis before taking the trade and if you have any idea please tell me in the comments
Buy Zinc Closing Price - 230.3 SL - 226 (Weekly Closing Basis) Target - 270
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Tested crucial level. Will take a good move from here. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HUL , BAJAJ FINSV , DABUR , TATACHEM , VOLTAS, BAJAJ AUTO , WIPRO , DR REDDY , CUMMINS , HDFC , M&M If...
#Hindzinc ****THIS TRADE IS AN IDEA GIVEN TO ME BY MY MENTOR KRISHNAKUMAR**** Gave nice breakout on daily and weekly charts today. Although this weeks chart is not completed yet, but taking risky entry utilizing partial funds as it has given breakout on daily charts after 3 years. Will add more if it dips to retest breakout. Also, it is forming nice channel...
HIND ZINC (NSE CASH) CHART ANALYSIS LTP: 309.85 SUPPORT: 305.25 (309.01 ACCORDING TO 20 DEMA) RESISTANCE: 321.90 / 329.30 RISK TO REWARD RATIO IS APT RSI IN DAILY CHART IS IN A STRONG UPTREND AND IS ABOVE THE 50 MARK IN OTHER PERIODICALS 329.30 LOOKS LIKE A BREAKOUT LEVEL WHICH MEANS THAT THE CHARTS WILL MAKE NEW HIGH ONCE IT CROSSES AND TRADES ABOVE 330 CHART IS...
Chart clearly shows that a clean Breakout is bound to happen in the coming days with Resistance got tested several times and has got weaken in the same process. Volume too supporting the trend. RSI is at 62 levels so there is a good chance that this breakout will gonna give a good profit opportunity.
✔✔ Buy @ 160-69 range trgt 192💚210💚257 sl below 145🤨🙏 Reasons for this buy 🧩🧩technically promising chart. 🧩🧩good q3 & q4 published.(Tinplate Company of India standalone net profit rises 107.08% in the March 2021 quarter) 🧩🧩Y-O-Y profit increaing gradually even the previous pandemic. 🧩🧩low debt company,therefore they offer good dividend returns 🧩🧩Current...
This metal is in sideways between 213 to 228. *Disclaimer : Hereby I shared my view. Please trade with your own and comfortable ideas.
HINDUSTAN ZINC - Possible to close above 260 by Friday?
Chart is self explanatory...
Here's the daily chart of the MCX zinc. It has made two Elliott waves. The first one is bearish, and the second one is bullish. The bearish was started from the 11th of April 2019 and ended on the 19th of March 2020. The bullish one started on the 19th of March 2020, and the fifth wave of this Elliott wave is remaining. In the Elliott wave theory, each wave has...