getsetrade

Hind Zinc- Channel Breakout- Buy

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NSE:HINDZINC   HINDUSTAN ZINC
8
Hind zinc after moving in a downtrend has formed a double bottom and has also broken out of a descending channel. It has formed double bottom pattern at an important support zone which makes it all the more effective. It is a good buy at CMP with a stop loss of 234 and a target of 265
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target achieved. late update
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