possible continuation expected sl 298 breakout level 330 cmp 311 shortterm target 330 positional target 400+
Hindzinc descending channel breakout or breakdown
Hindzinc-cup and handle above 335 ..Keep buying sl would be 280
HindZinc Bearish Bat Short below 307 with 320 SL T1 - 304 T2 - 300 T3 - 296 T4 - 290
RSI indicates priceaction is showing weakness. Sell below 306 with the stop loss of 310. Targets are 300, 295, 290 and 286.
Pl refer chart
Wow! - What a harmonic structure scored 100 points non stop - can Double Top stop the zinc journey. 24th May2017 Update - Harmonic M-333 with Zinc Coating at 230-240
Priceaction has formed triple top. It is a strong reversal sign. Price has reached the resistance, but RSI havent reached over bought zone yet which makes the chart more interesting.
HINDZINC at Resistance Level One can enter this trade at the level of 318-325 TARGET 1 till 38.2% retracement - 293 TARGET 2 till 61.8% retracement - 268 STOPLOSS at blue line - 334
Hindzinc has formed bearish AB=CD at its crucial 6 months resistance level. One can short it below 319.50 T1 - 308 T2 - 302.85 SL - 330
Last time Hind Zinc Hit our SL But again it made Bearish ABCD with 1.27 ratio Short above 321 with 326 as SL T1 - 312.33 T2 - 306.53 T3 - 301.82
Bearish divergence is seen in Hindustan Zinc with respect to money flow index. This is an indication of impending correction to 290 or below.
Hindzinc has formed Bearish ABCD Lets short above 315 T1 - 310 T2 - 304 T3 - 296 SL - 320
all the trade aspects explained in the charts
-----:: Explained in the chart ::-----
Will Hindustan Zinc again take that resistance and fall. Keep an eye. SL Small of 296 Target 280/270