HINDUSTAN ZINC LTD
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Hind Zinc Short Setup

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HINDZINC

RSI Making lower lows, Momentum does not
agree with price.

soon we can sharp move downside.
avoid buy at 52week high levels

Sell Range - Rs282 to Rs287
Stop Loss - Rs296
Target 1 - Rs255
Target 2 - Rs240

Strategy will be to go for PE options (safe side buy Jan Puts rather than Dec Puts)
Futures sellers strict stoploss.
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Ghi chú
near support so closed it... wait for pullback to short again..

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