Hindustan Zinc seems poised for a next impulse move.
Hind Zinc: Buy at CMP
STOPLOSS: Rs. 307
It seems to have taken a support on the weekly trend line, on which it is seen forming the higher lows. With the hammer pattern near the trend line support, it appears that the retracement/consolidation after the breakout may be complete and it may start the next leg of bull rally in which the stock is in.
NOTE: The above is personal view and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.
STOPLOSS: Rs. 307
It seems to have taken a support on the weekly trend line, on which it is seen forming the higher lows. With the hammer pattern near the trend line support, it appears that the retracement/consolidation after the breakout may be complete and it may start the next leg of bull rally in which the stock is in.
NOTE: The above is personal view and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.
Nota
EXIT. This has started under performing the market.Dagangan ditutup secara manual
Trade was exited long back.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.