formed the most explosive pattern ever the high tight flag, need to close above 440 to confirm the BO but we may want it to consolidate at least 2 or 3 weeks more before it Breaks-out, it will form a proper base and confirm the strength of BO. It may easily double from here is this goes well!
📊 Script: HINDZINC
📊 Sector: Non Ferrous Metals
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Golden Crossovers are seen into the Script.
📈 Golden Crossover is where slow moving average line crosses fast moving average above.
📈 Although Script is trading at All Time High we may see some bullish rally.
⏱️ C.M.P 📑💰- 431
⚠️ Important: Always...
Hindzinc is successfully testing its lows with a gap up strength move on Weekly time frame and successfully testing the lows. It has given the inside candle breakout on monthly time frame too.
The stock looks to break the highs and I will look for a preferable entry.
CMP- 317.25/-
Hindustan Zinc has completed the long-term Head & Shoulders Pattern recently and is looking bullish with an upside of INR 150 from current levels in the near term of 12-18 months horizon.
Gave a breakout..IS giving a breakout as we speak...so buy...to the 378 Tgt calculated as per triangle patttern....Traders do keep a stop of the candle low...
Based on the chart and technical analysis done by ForexTrader4all, here are some potential support and resistance levels for HINDZINC:
Support:
308.40: This level is a horizontal support line that the stock price has bounced off of twice in the past year.
312.50: This is the level of the stock's low on February 17, 2024.
314.90: This level is a horizontal...
Hindustan Zinc is setting up for a breakout of a multi year inverse head and shoulders pattern!!
When price breaks out up of 339.3 on a monthly closing basis; anticipate an accelerated upward move which can go as high as 952. Stop loss can be set at 297.5. If stop loss hits, anticipate one more swing low to 216 levels before stock resumes uptrend.
Stock also...
Descending traingle pattern
Buy after breakout
For tip
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Note- don't deal in F&O
Feel free to contact 82696 13561
1) Multiple Inside Bars formed from 1st week of July
2) Bouncing from Trendline (which was formed over 66 weeks)
3) Stop Loss could be around 3.5% to 5%
This script is being observed trading consistently above value area from 26th July 23.
It will be worth to observe this script for study purposes hereafter.
Breakout Possible Stock!
Hindustan Zinc Ltd. #HINDZINC
1- Rising above Volume Profile
2- MACD Positive Crossover
3- High Weekly Volumes
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
NSE:HINDZINC
One should Wait for the WEEKLY close Above the trendline !
Keep in your watchlist enter on Friday !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your...
HINDUSTAN ZINC as per Day Chart Analysis Stock
ABOVE 345 TARGET 350
Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr.
Nifty Once Breaks the resistance at 18169 then the target is 18240 level.
Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level
Tomorrow Market trend to be on the...
Company has reduced debt.
Company is almost debt free.
Stock is providing a good dividend yield of 11.3%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 98.1%
negative :
The company has delivered a poor sales growth of 11.2% over past five years.
Promoters have pledged 86.0% of their holding
