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mvso999
Jul 1, 2021 11:35 AM

Continuation of the Pitchfork Analysis on HINDZINC  Long

HINDUSTAN ZINCNSE

Description

No change in the logic so far. Trend continues to take support though in a sideways consolidation. Not expecting a correction at this point.

Targets remain same as earlier video.

To be reviewed on Monday 5th July.
Comments
ritu14
Hey,

I checked out your video. Your chart proved right and after that it was bearish all of remaining July and took support at 318.

Will you get a chance to see if this is a demand zone or there is a risk of holding Hind Zinc at this level as you might see it going further down.

Thanks
mvso999
@ritu14, The Immediate demand zone is between 307 and 291 and there is another zone at 280 which however has been tested. Check on Weekly time frame, you will see what I am talking about. I expect a correction to the demand zone and reverse from there as per price action.
ritu14
@mvso999, Ok thanks!
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