HINDZINC on crucial level { Must be on watch list }
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Hindustan Zinc is inside a channel where price is lil far away from bottom line and has made double bottom which indicates down trend is weak... But price is getting rejected from 247 which is a resistance level...
If price breaks 247 and sustain above that then we can consider it as a confirmed breakout..
In case of Breakout my targets will be 255/268/282/290+ where as SL will be 240 just below that resistance which could definatly act as support if price sustain above those levels...
And ,
If price break the bottom support region 230-220 (chances are less) then we can consider, it will follow downtrend with the channel... So, in that case target will be 212/200/190 and SL : 225
In both the cases Risk Reward Ratio is favourable...
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
If price breaks 247 and sustain above that then we can consider it as a confirmed breakout..
In case of Breakout my targets will be 255/268/282/290+ where as SL will be 240 just below that resistance which could definatly act as support if price sustain above those levels...
And ,
If price break the bottom support region 230-220 (chances are less) then we can consider, it will follow downtrend with the channel... So, in that case target will be 212/200/190 and SL : 225
In both the cases Risk Reward Ratio is favourable...
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
Transaction en cours
Transaction en cours
Transaction en cours
Breakout....Trade fermée: cible de profit atteinte
Breakout!! Get Set Buy :DTransaction en cours
Breakout!! Get Set Buy :DTrade fermée: cible de profit atteinte
target 1 255 reached :DTransaction en cours
heading towards 2nd target :DTrade fermée: cible de profit atteinte
second target reached...Transaction en cours
revise SL for 3rd tgtTransaction en cours
Transaction en cours
rising high..Transaction en cours
Transaction en cours
near to hit 3rd tgtTrade fermée: cible de profit atteinte
3rd target reached :D :D :D revise SL for 4th :DTransaction en cours
very near to 4th come on baby 5 pts more to hit 4th tgt :DTrade fermée: cible de profit atteinte
All targets are achieved :D :)Trade fermée manuellement
All targets are achieved :D :)Trade fermée manuellement
All targets are achieved
Best Regards,
Akshat Patwa
twitter.com/MrAkshatP
facebook.com/MrAkshatP/
Akshat Patwa
twitter.com/MrAkshatP
facebook.com/MrAkshatP/
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