Hindustan Zinc: Bullish Setup Targets Recent Swing High

has staged a strong reversal after finding support around its key moving-average cluster. The stock is now trading above its 10, 20, 50, 100 and 200-day averages, keeping the broader technical structure constructive. The recent pullback appears to have been absorbed near the 590–580 support zone, where multiple averages are closely aligned. Price has subsequently regained momentum, suggesting that the consolidation phase may be largely complete. A sustained move above the 605–610 region could strengthen the recovery and bring the recent swing high near 620–625 back into focus. A decisive breakout above this zone would further improve the technical setup and signal continuation of the broader uptrend. RSI remains above the neutral 50 level, indicating positive momentum, while MACD is showing some moderation but remains supportive of the overall structure. Overall, the chart suggests that the stock has completed its pullback and is now positioned for a potential retest of the recent swing high, with 590–580 emerging as the key support zone to watch.