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Technicals for Hindustan Zinc Limited
By MusingTheNews
2025-06-13 20:37
Overall Technical outlook
Price Summary
Hindustan Zinc Limited's stock opened at 520.0 on 2025-06-12, surged to 530.85, hit a low of 513.9, and closed up -0.53% at 517.25, with 5826325 shares traded. Throughout the 52-week period, the stock hit a high of 693.15 and a low of 387.45. As per recommendations from 13 analysts, HINDZINC's future price is expected to span between 340.0 and 564.0, with a mean price around 447.30768.
Technicals
Support and Resistance: The price of 517.25 is supported at 466.55 and encounters resistance at 534.05. This suggests key levels where the price might find stability, with 466.55 providing a base and 534.05 acting as an upper boundary for HINDZINC. Support/Resistance for HINDZINC
Aroon: The current reading of the AROON 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. Aroon chart for Hindustan Zinc Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Hindustan Zinc Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Hindustan Zinc Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Hindustan Zinc Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Hindustan Zinc Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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