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Technicals for Hindustan Zinc Limited
By MusingTheNews
2025-09-04 20:31
Overall Technical outlook
Price Summary
Hindustan Zinc Limited's stock opened at 443.0 on 2025-09-03, surged to a high of 448.7, hit a low of 441.65, and closed up 0.36% at 444.6, with 4753954 shares traded. The stock's peak price over the last 52 weeks is 560.4, with the lowest being 387.45. 13 analysts forecast that the price of HINDZINC will range from 335.0 to 564.0, with an average expected price near 459.3846.
Technicals
Support and Resistance: The price of 444.6 is supported at 429.35 and encounters resistance at 447.9. This suggests key levels where the price might find stability, with 429.35 providing a base and 447.9 acting as an upper boundary for HINDZINC. Support/Resistance for HINDZINC
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for HINDZINC. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for Hindustan Zinc Limited
Bol. Bands: The current price is above the upper Bollinger Band, maintaining this position since its recent rise. This indicates strong bullish momentum and suggests that the asset could be in an overbought state. Traders may view this as a sign of continued strength, but the prolonged period above the band also raises the possibility of a correction or pullback in the near future. Bolinger Bands chart for Hindustan Zinc Limited
Parabolic SAR: The PSAR continues to be bullish for HINDZINC, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Hindustan Zinc Limited
Stochastic: The stochastic indicator reflects bullish conditions for HINDZINC, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for Hindustan Zinc Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for HINDZINC. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Hindustan Zinc Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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