HindZinc - Target 360 - 400 with SL 320Taking support around 320-325 range...can expect 360 and 400 target in short term with 320 SL
HINDZINC trade ideas
HIND ZINCSTANDING AT A VERY IMPORTANT RESISTANCE LEVEL. KEEP ON YOUR RADAR. LOOK FOR BUYING OPPORTUNITIES ABOVE 333 IF VOLUMES ARE GOOD.
HindZinc Daily ChartPossible Descending Triangle formation with Lower Volume.
Rsi Hidden Bullish Divergence visible.
At good support level.
Could reach top of channel after breakout.
Follow for more.
Swing Opportunity in Hindustan ZincGo Long above 335.7, Target 346.5, and 357.3 with SL 324.9
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. A bullish candlestick pattern, Bullish Hammer (marked with an orange circle) is formed at 0.618 Fibonacci level.
3. Also there is a strong demand/supply zone as the stock is initially facing resistance from this level and after the breakout, this level is now acting as support.
4. In addition to this there is a trendline (marked with green color) that is providing support to the stock. Our first target is just below the resistance trendline (marked with red color), there are high chances of hitting it and if stock gives breakout then our target 2 also can be achieved.
Hindustan zinc BO and retest for higher targetsStock has given BO and showing retest. One can accumulate at 330-320 and bet for higher targets for short term
Price Rejection near support & trend line ,see last candelPrice Rejection near support & trend line ,see last candel
BUY CMP & HOLD WITH DCB SL
Hind zincIt’s most rewarding in terms of dividend one can out and in per cycle to make more out of it.
Hind Zinc Multi year breakoutReason to trade:
Short term ascending triangle trend broken
Monthly close above 345 (All time high) may fire the stock further up
HINDZINC Successfully Breakout & RetestHINDZINC can given good upside breakout above 333-337 levels.
can move towards upper FIBO LEVELS in coming days.
Resistance - 351.1, 377.30 , 390.20
View Negates below - 319.50 levels.
HINDUSTAN ZINC 1D TF Broke out of almost 4.5 year's long resistance with supporting volume.
The same resistance is now holding up as support for initiating a northbound journey towards 362+
HINDUSTAN ZINCSTANDING AT AN IMPORTANT RESISTANCE LEVEL. 325 LEVELS WILL BE THE BEST BUYING ZONE. IMMEDIATE TARGET OF 346. POSITIONAL TRADING.
long run continues!....clear breakout and re-test in weekly charts.....
it has also started moving higher.
enter with small quantity....
once it breaks high you can add more
stop loss on weekly closing basis...
Flag pattern, Hindustan zincHindustan zinc creating aflag pattern as shown in the chart. If it break then the movemetum can be seen in the hindzinc.
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This post is only for education purpose
Invest on your own risk
Long Hind Zinc CMP 335-340Multi-year Breakout and Retest
CMP 335-340
Buy Above 340 DCB
target 400, 450, 500
SL 290 DCB
Weekly Chart - Long Term View (6 to 9 Month)
HIND ZINC KHATARNAK WEDGE HIND ZINC KHATARNAK WEDGE
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
HINDZINC chart analysis | Intraday (6th June) | Swing tradeHind ZINC daily chart analysis. Looks good for positional or Intra above 337 level. Technical analysis description is given on the chart. Learn and earn. Cheers :)
Near BreakoutWait for beak out to enter RSI also Showing the Strength,if it break out then retest go for it without waiting.
Breakout-Retest-ContinuationA perfect range breakout a few weeks back and then successful retesting the breakout. Now again it is continuing the uptrend and a perfect time to buy for a target of 355. CMP-333.
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Happy Trading :)
PS- I always believe in trading in stock with good to medium fundamentals(can also be seen from my history of suggested stocks). The success mantra for trading is to mix fundamental and technical analysis to protect capital.
