When MCX Gold will start to move up again? Simple, if it will close 28325 level above then you can buy for 28500-28684-28805 above.
What to do now? If MCX Gold start running below 28065 level then keep in mind it will touch 27930-27875 to directly 27550.
Special Report WITH CHART -->HINDZINC – POISED FOR A RALLY
For last 3 years, Hindzinc was trading in the range of 88 to 140. In the today’s session the stock has surpassed 140 levels with above average volumes. Moreover,
the stock has formed the bullish head and shoulders chart pattern on the
weekly chart over the time span of 26 months. The projected target according
to the chart pattern is at 181 levels. The neckline resistance turned
support line is placed at 136 levels and any pullback in the stock till those levels
can be used to initiate long positions. Strong volume participation during up days is
also increasing the chance of bullishness in the future. The momentum indicator M
ACD has given the positive crossover and is balanced in the positive zone.
Buy Hindzinc cash 50% at cmp 142 and 50% on dips at
137 TGT 180 SL 114
