Sunday, June 19, 2011

HINDZINC- A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


HINDZINC  closes  at 130.05  with a fall of -1.70%   on 17 June 2011 with formation of Bearish Engulfing Candle with Symmetrical Triangle pattern on Daily  Price Chart. Technically,  HINDZINC-I  looking extremely week  on Charts. Major Momentum Indicators are in bearish zone. Buyer-Seller Force Index,RSI, Ultimate Trend Cycle & Twinggs Money Flow & TAIO are looking week on  Daily Price Chart.(Here Futures Near Month Chart is Considered) 
We Recommend to SELL  - HINDZINC at CMP
Target- 118/105
Stop-Loss – 133
Time Frame- 5-20 Trading Days
 
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here
mail@niftynext.com
Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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