HIndZinc Breakout and Retest HindZinc Triangle breakout and retest done perfectly.
Rsi breakout and retest.
Target- 380-383
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HINDZINC trade ideas
HINDZINCExcellent Price development and low risk to reward trade. 320-340 was supply zone since 2017. For past 2 months, was trading above 320 band and now looks ready to cross 340 band. Above this price band, we can see strong up move.
Hindzinc on long "W" pattern breakout One can go long on Hindzinc with an SL of below 339, try to buy near the neckline, and target expected 359 risk-reward 1:8 Time horizon 2-5 days
At major resistance zone 340-344 resist zone broken and retesting, with volume can give desent return.
HINDZINC HAS BROKEN OUT OF TRIANGLE PATTERNNow we have to wait for retest of the trend line or support zone and on getting a bullish confirmation can go long for a target of ATH 362.15
HINDUSTAN ZINC--> Breakout on cards?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.
#HindZincBreakout retest, Triangle pattern formation with the tip in breakout zone, drastic volume compression. It's no brainer, what is highly likely to happen. Keep an eye.
Hind Zinc probable long tradeNear good support zones - breakout of the triangle can lead to good momentum
HIND ZINC 🐥🐥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
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Hindzinc Daily Triangle HindZinc following the Descending Triangle perfectly. Posted about it a week ago.
Expecting it to touch bottom of the Triangle before further move.
Low volume.
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Last chance .grab the opportunity.(educational purpose only)Multiple triangle pattern breakouts..testing support and accumulating..
