HINDUSTAN ZINC Bullish Trading Idea - Ichimoku

5 Apr 2019

HINDUSTAN ZINC Bullish Trading Idea

Broken resistance of 285 levels can head towards 300

PS : This is for educational purpose only

6 Apr 2019

Catatan

Friends this is my first post here and I realized I have not added enough information

Just a few more pointers on the Daily Charts of Hind zinc

5 EMA is above 15 EMA
15 EMA is above 200 EMA which is a good sign

Ichimoku shows uptrend, future Kumo is green and uptrend
Price over TK cross which makes it a even stronger trend

MACD and ADX is also positive
RSI is moving upwards but below overbought zone

Metal sector is in a bullish trend with Tata Steel and JSW leading from the front

All in all its a very bullish trend and will have to watch it closely till 300 levels

6 Apr 2019

Catatan

Feedback and comments would be appreciated