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HINDUSTAN ZINC LTDHINDUSTAN ZINC LTDHINDUSTAN ZINC LTD

HINDUSTAN ZINC LTD

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HINDZINC trade ideas

Hindustan Zinc (HZL) Breakout: Is This the Start of a Big Rally?Hindustan Zinc Limited (HZL), established in 1966, is a leading Indian mining and resources company specializing in the production of zinc, lead, silver, and cadmium. As a subsidiary of Vedanta Limited, Hindustan Zinc holds a dominant position in the Indian zinc market, commanding approximately a 75% share. Financial Performance: In the quarter ending September 30, 2024, HZL reported a net profit of ₹23.27 billion, marking a 35% increase from the previous quarter. This growth is attributed to higher zinc prices driven by increased demand from China and global supply concerns. Revenue from silver, its second-largest business segment, increased by 20% during the same period. Stock Performance & Trends: On October 30, 2024, Hindustan Zinc reached a high of ₹575. The stock later declined, hitting a low of ₹414.70 on January 13, 2025. As of now, the price has recovered to ₹468, indicating a moderate rebound from its recent low. Technical Analysis: Falling Wedge Breakout: In the daily time frame, the price formed a falling wedge pattern, which has now given a breakout confirmation. Strong Price Action on Feb 5th: Price surged by 6.99% on February 5, 2025, signaling bullish momentum. This was accompanied by a significant volume increase of 3.71M, compared to the last 30-day average volume of 1.3M. The volume increased by approximately 185.38%, confirming strong buying interest. Key Reversal Zone: If the price faces rejection from the current level (LTP ₹468), a potential reversal zone lies between ₹432 to ₹443.90. Resistance Levels: Resistance 1: ₹500 Resistance 2: ₹553 Resistance 3: ₹630 Strategic Initiatives: HZL is actively pursuing a transition to renewable energy, with plans to power its operations entirely through renewables within the next five to seven years. This initiative aligns with India's broader strategy to reduce greenhouse gas emissions and increase the share of non-fossil fuels in electricity generation. Ownership & Divestment: The Indian government, which holds a 29.54% stake in HZL, announced plans to sell a 2.5% stake valued at approximately $634 million in November 2024. Earlier in 2024, Vedanta sold a 3.3% stake in the company. Conclusion: Hindustan Zinc Limited remains a fundamentally strong company, benefiting from global metal demand and a steady dividend policy. However, recent stock fluctuations and technical patterns suggest strong bullish potential following the falling wedge breakout and volume surge. Traders should watch the ₹432-₹443.90 reversal zone if a pullback occurs, while ₹500, ₹553, and ₹630 serve as key resistance levels for further upside.
NSE:HINDZINC
by ALICEBLUE
Hindustan Zinc (HZL) Breakout: Is This the Start of a Big Rally?Hindustan Zinc Limited (HZL), established in 1966, is a leading Indian mining and resources company specializing in the production of zinc, lead, silver, and cadmium. As a subsidiary of Vedanta Limited, Hindustan Zinc holds a dominant position in the Indian zinc market, commanding approximately a 75% share. Financial Performance: In the quarter ending September 30, 2024, HZL reported a net profit of ₹23.27 billion, marking a 35% increase from the previous quarter. This growth is attributed to higher zinc prices driven by increased demand from China and global supply concerns. Revenue from silver, its second-largest business segment, increased by 20% during the same period. Stock Performance & Trends: On October 30, 2024, Hindustan Zinc reached a high of ₹575. The stock later declined, hitting a low of ₹414.70 on January 13, 2025. As of now, the price has recovered to ₹468, indicating a moderate rebound from its recent low. Technical Analysis: Falling Wedge Breakout: In the daily time frame, the price formed a falling wedge pattern, which has now given a breakout confirmation. Strong Price Action on Feb 5th: Price surged by 6.99% on February 5, 2025, signaling bullish momentum. This was accompanied by a significant volume increase of 3.71M, compared to the last 30-day average volume of 1.3M. The volume increased by approximately 185.38%, confirming strong buying interest. Key Reversal Zone: If the price faces rejection from the current level (LTP ₹468), a potential reversal zone lies between ₹432 to ₹443.90. Resistance Levels: Resistance 1: ₹500 Resistance 2: ₹553 Resistance 3: ₹630 Strategic Initiatives: HZL is actively pursuing a transition to renewable energy, with plans to power its operations entirely through renewables within the next five to seven years. This initiative aligns with India's broader strategy to reduce greenhouse gas emissions and increase the share of non-fossil fuels in electricity generation. Ownership & Divestment: The Indian government, which holds a 29.54% stake in HZL, announced plans to sell a 2.5% stake valued at approximately $634 million in November 2024. Earlier in 2024, Vedanta sold a 3.3% stake in the company. Conclusion: Hindustan Zinc Limited remains a fundamentally strong company, benefiting from global metal demand and a steady dividend policy. However, recent stock fluctuations and technical patterns suggest strong bullish potential following the falling wedge breakout and volume surge. Traders should watch the ₹432-₹443.90 reversal zone if a pullback occurs, while ₹500, ₹553, and ₹630 serve as key resistance levels for further upside.
NSE:HINDZINC
by ALICEBLUE
Hindustan Zinc Time to Buy???Hindustan Zinc (HINDZINC) Analysis 🚀 After a Stage 2 breakout from ₹410 levels, the stock skyrocketed to ₹810, delivering a remarkable 100% return within a month. However, it has now retraced to its previous breakout zone of ₹410-₹415, signaling a potential Stage 4 decline. Currently, the stock is trading near the previous breakout zone, and two scenarios are in play: Scenario 1: Potential Double Bottom/W Pattern Formation If the stock forms a Double Bottom/W pattern and breaks out of the trendline, it could turn into a promising swing trade candidate. Entry: ₹482 (Safe traders can wait for a close above this level). Targets: T1: ₹575 (+19.5%, RR 1:1.23) T2: ₹716 (+48%, RR 1:3) T3: ₹810 (ATH, +68%, RR 1:4) Stop Loss: ₹410 (-16%) 💡 Why watch this scenario? The Risk-Reward ratio is favorable, and the breakout could indicate strength. If you feel compelled to trade, adding small quantities around the previous breakout levels of ₹410 could be a safer bet. Add only Test Quantities. Scenario 2: Breakdown Below ₹411 If the stock breaks below ₹411, it could re-enter the previous breakout base, with potential downside targets of ₹350-₹325. In this case, shorting opportunities might arise, but only if market sentiment aligns. Technical Overview 🔍 The stock is trading well below all key DMAs, indicating weakness. The Lower High-Lower Low (LH-LL) structure is intact with no signs of reversal yet. Overall market trend: LH-LL and trading below the 200 DMA. Any bounce could just be a natural pullback. Fundamentals 🧐 Hindustan Zinc recently posted decent quarterly results, but the broader market trend and technicals should guide your decisions here. Risks & Sugestions ⚠️ Risk Management: With a 16% risk on SL, position sizing is crucial. Avoid committing big capital without proper confirmation. Market Context: Be wary of overall market trends, as the broader market is still weak. Emotional Trading: Don’t get tempted by sudden spikes in the market. Always wait for confirmation. 👉 Pro Tip: Missing an opportunity is better than burning your capital. Start small to gauge strength before scaling your position. Educational Takeaway ✍️ This stock offers a good learning opportunity for breakout and retracement patterns. Add it to your watchlist but focus on risk management and position sizing. Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making any investment decisions.
NSE:HINDZINC
by sagartharayil
2
Hindustan Zinc: A Strong Rebound with Bullish MomentumThis is a stock that’s come a long way since its high of 800 in May 2024. No surprises there—it was trading at a premium level. But you knew that wasn’t sustainable long term. Then came the pullback. A solid one, mind you. By mid-September, it dropped to a low of 475. For most, that would look like an exit signal. For those who know the game, that’s just the market taking a breath. And if you looked closely, it was hitting the 200-day EMA at that low, signalling a bounce from a level where institutional money typically starts to take interest again. Here’s where things get interesting. Hindustan Zinc didn’t just find support at the 200-day EMA; it also broke out of a downtrend. That’s not a fluke. When a stock breaks out of a downtrend and stays above its moving averages, it’s a signal. A signal that it’s time to pay attention. Right now, it’s trading at 558, which is above both the 30 EMA and 200 EMA—strong territory. Trading above the 30 EMA and the 200 EMA isn’t just a technicality; it’s a show of resilience. A stock doesn’t sustain above those levels unless there’s momentum, and right now, that’s exactly what Hindustan Zinc has. It’s saying, “I’m here to stay.” The 30 EMA is typically a short-term trend indicator, while the 200 EMA speaks to long-term stability. Being above both is a rare occurrence—it means the bulls are in control, and the market is backing it. Bottom line? Hindustan Zinc is positioned with support and breakout potential. This is a tactical buy for those who recognise a solid foundation in both trendline and moving averages. Keep it on your watchlist because, in a game of tactical plays, this one’s delivering on every front.
NSE:HINDZINCLong
by breakout_ninja
61.8% Fib bullish reversal with Volumes on WeeklyNSE:HINDZINC The stock started a bullish reversal from its 0.618 Fibonacci retracement level. RSI is also supportive. A sustained move beyond 546 would lead to a strong up move shortly. Above the 546 level trade will activate with a target of 680 and StopLoss 475 Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:HINDZINCLong
by Karanshah137