HINDZINC trade ideas
HINDZINC Around 11 o'clock today Nifty was down 2%, today being one of the biggest stop loss hunting day.
Nifty metal was down nearly 2%.
My various stop losses triggered some at minor profits , some at breakeven ,some at small losses.(To name a few UPL.Hindalco,Jindal steel.ITC,SBIN,Divis lab,Adani green.)
But only one last trade I was carrying since morning is HINDZINC because it was trading at a flat level around that time.This shows relative outperformance compare to broader .As a trader you only need one such trade which shows outperformence you don't require multiple to being profitable , one such outperformer is enough to recover all your losses during such a volatile day.
Now I'm booking 50% of my profit and reenter at 290 level for a target of 310.
Please follow me and motivate me and learn key concepts of the stock market via my posts here and become profitable yourself.
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Standard disclaimer
I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
I prefer swing trading over intraday trading so most of my analysis is about swing trading only (higher timeframes).
I request you to follow me on my profile to keep me motivated and to post further high momentum swing trading opportunities in the market.
As a rule of thumb never trade more than 10% capital of your account on a single trade and do not risk more than 2% per trade. This can help you to stay longer in the market. The longer you stay in the market more the chances of making profits.
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#cutyourloserholdyourwinners
Rising ChannelGood bounce can be observed from the support.
Can be a risky buy with SL 267 and 1st Tgt 310
long HindzincPositive Reversal
Rejection at confluences of
avwap
50 EMA
50% Fib
entry : Black line
SL : red line ( You can buffer)
Target : green box and all green lines above
bullish weekly and monthly RSI
HINDZINCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
a good MONOPOLY company giving good returnsHINDUSTAN ZINC
A MONOPOLY COMPANY
GIVING MORE THAN 30% RETURNS IN A YEAR
BUY AT SUPPORT
SELL AT RESISTANCE
DYNAMIC SUPPORT 50EMA
HINDZINC - BAT Formation on DailyOn the Daily chart , looks like HINDUSTAN ZINC heading towards D Leg to finish Bat pattern. My trading SL and Targets on chart
Disclaimer: Please do your own research before trading this setup. At your own risks and rewards :)
HINDUSTAN ZINC in the accumulation zone for mid trm trgt 40%hindustan zinc, getting ready for an upmove of 40 % for a trgt of 385...
Hindustan Zinc: AnalysisAfter a successful analysis of this stock (You can go through my profile), I'm again going to suggest to create long position in this stock.
Entry: 290, 280
SL: 244, 214
Target : Minimum 325 (Can hold for more)
Hindustan Zinc Analysis (NSE: HINDZINC)Let's talk about the short - term view. A trend line is observed on the monthly chart, and when we observe the same on a daily chart, we can see a pattern that closely resembles "Inverted Head and Shoulder," which signifies a bull run in coming days. All we have to do is to wait for the candles to break the neckline, and we're good to go.
HINDUSTAN ZINC - Possible to close above 260 by Friday?HINDUSTAN ZINC - Possible to close above 260 by Friday?
HINDUSTAN ZINC - INTACT RESISTANCEPrice is Resistance zone in 4 hour timeframe. Bearish Pin bar candle formed in 1 hour timeframe indicating strong selling pressure. Go for short position in lower timeframe, once price reverses from resistance zone with strong candle.
