The lowest cost producer of Zinc in the world. Its been one of the only metals where the price of the metal is at new highs BUT the stock has been falling. Maybe the rise in coal prices has something to do with it. But the co is going to make some serious free cash this quarter from the price of global zinc. Now the stock seems to have bottomed out and could...
adjust target and stop loss according to your capacity
Stock has given BO and showing retest. One can accumulate at 330-320 and bet for higher targets for short term
The chart is self - explanatory. Its only a view. Trade at your own risk.
Hindzinc-cup and handle above 335 ..Keep buying sl would be 280
HINDZINC - reacting from monthly Demand Area, first daily SZ broken, second daily SZ is tested multiple times, entry in retracement either for short term or investment.
first we saw couple of bearish engulfing pattern over there and then we saw the dark cloud cover there both at the resistance area and negative divergence there prefer to short the stock
as we can see a couple of 2 bearish engulfing pattern and and price below 8 ema