HINDZINC
Buy initiate for 30 Oct 2018 using 30 min chart based on Fibonacci levels, check below buy level
Buy Above : 285.5
Stop Loss : 283.25
Target : 288.05
Strong resistance at 330 and price is returning from this level for number of times. It is like a wall hit repeatedly. One day it is certainly going to be demolished and it will be a big breakout soaring the price to greater heights.
Hindustan Zinc Ltd (NSE: HINDZINC) recently started moving into Bearish Momentum Territory as per TTC Breakout Formation . Right now, it is at a Critical Support Zone around 309 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.
For Short-term targets, Trader should eye on 300 Zone . Then...
Hindustan Zinc Ltd (NSE: HINDZINC) recently started moving into Bearish Momentum Territory as per TTC Breakout Formation . Right now it is at a Critical Support Zone around 309 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.
For Short-term targets, Trader should eye on 300 Zone . Then ...
Hindustan Zinc after going down with a gap down opening is clearly in an uptrend. Having crossed all moving averages convincingly, its ready to fill the patch thas lying vacant..... Lets see how it goes
