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Published on 22/07/2019 9:35:51 AM | Source: Religare Securities Ltd

Sell Hindustan Zinc Ltd For Target Rs.216 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Hindustan Zinc Ltd #Metals Sector #Trading Report #Religare Securities Ltd

 

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Derivative Ideas

HINDZINC

added around 5% in open interest as short buildup was seen in it in previous session. Current chart pattern also indicates further down move in its price. We suggest selling HINDZINC FUTS as per below levels.

Strategy:- SELL HINDZINC FUTS BETWEEN 223-224, STOPLOSS AT 227.50, TARGET 216.

 

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