HINDZINC (cmp = 167.75 ) looks bearish if the
stock remains weak in 168-170 region. Look for shorting opportunity near169 for target of 165-161. Keep stop loss at 171
If the stock opens below 166.75 do not short immediately, wait for it to bounce back near 168-170 region and then get ready to short it. Keep stop loss at 3 points away from entry price.
If the stock opens below 166.75 do not short immediately, wait for it to bounce back near 168-170 region and then get ready to short it. Keep stop loss at 3 points away from entry price.
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