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Technicals for Hindustan Zinc Limited
By MusingTheNews
2025-05-30 20:38
Overall Technical outlook
Price Summary
In today's trading session, HINDZINC's shares increased by 2.47%, marking a stellar day. On 2025-05-29, Hindustan Zinc Limited's stock started at 453.55, soared to 466.0, dropped to 453.15, and finished the day 2.47% up at 464.75, with a trading volume of 3993706 shares. In the 52-week period, the stock's peak price is 696.55, and the lowest price recorded is 387.45. The price outlook for HINDZINC is between 340.0 and 564.0, with an average expectation of 447.30768, as estimated by 13 analysts.
Technicals
Support and Resistance: The price for HINDZINC at 464.75 is supported by the 446.8 level and faces resistance at 466.55. This range indicates key levels where the price may find buyers near 446.8 and sellers near 466.55, defining a trading range. Support/Resistance for HINDZINC
Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth. Aroon chart for Hindustan Zinc Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Hindustan Zinc Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Hindustan Zinc Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for HINDZINC, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for Hindustan Zinc Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Hindustan Zinc Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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