HINDZINC is currently in a correction phase in the higher time frame,likely to find its base.
HINDZINC HAS RETRACED TO ITS 0.618 FIB LEEVEL AND IS POISED FOR A POTENTIAL UPWARD MOVE.
Additionally,it is approaching a higher time frame demand zone [ marked as POI in chart]
and is currently resting on its weekly 50 ema , indicating a strong support level.
A bullish breakout above the marked point, followed by a sequence of higher highs and higher lows,could indicate a strong uptrend and potentially lead Hind zinc to new all- time highs.
HINDZINC HAS RETRACED TO ITS 0.618 FIB LEEVEL AND IS POISED FOR A POTENTIAL UPWARD MOVE.
Additionally,it is approaching a higher time frame demand zone [ marked as POI in chart]
and is currently resting on its weekly 50 ema , indicating a strong support level.
A bullish breakout above the marked point, followed by a sequence of higher highs and higher lows,could indicate a strong uptrend and potentially lead Hind zinc to new all- time highs.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.