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Rakesh Madhav CFA

12th Dec · SEBI-Registered Analyst

📌 HINDUSTAN ZINC (HINDZINC) – Bullish Breakout With Strong Momentum

HINDZINC
has delivered a powerful breakout candle, backed by strong volume and momentum indicators turning sharply positive. 📈 Technical Highlights Price surged to ₹567, breaking past key resistance around ₹525–535 decisively. EMA 9 acting as dynamic support; price has accelerated far above it. RSI at 75+ signals strong momentum (slightly overbought but healthy in breakouts). Volume spike confirms institutional participation. 📌 Trend View Structure remains strongly bullish — a sharp breakout after a multi-week consolidation. Next resistance zone sits around ₹600+. As long as price stays above ₹525, trend remains intact

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