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Hindustan Zinc 14_06_2013

Discussion in 'Technical Analysis' started by sunny_sachdeva, Jun 15, 2013.

  1. sunny_sachdeva

    sunny_sachdeva New Member

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    Shabbir Sir,

    i got a buy call as a tip. i tried my analysis please refer the attachment.

    i have drawn resistance and support (its support is at 108). there is a double bottom which i have highlighted and based upon this i think this might fall futher


    please let me know your thoughts on this.

    Thanks
    Sunny
     

    Attached Files:

    sunny_sachdeva, Jun 15, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Your support level of 108 is spot on and if this is not broken, I think it will have a good W being formed and can rally as well. Remember 108 should be your very strict stop loss for long.
     
    shabbir, Jun 15, 2013
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