Some days ago I had indicated buying Zinc Metal (MCX) for targets near Rs 65/-.
That targte has come and the metal is consolidating near to this target level (Rs 62-Rs 65)..
The charts are suggesting that a break above Rs 65.50 now should give a target near to Rs 72 in medium term and longer term target ofRs 77/-.
Happy Trading !
CA Rajiv D Khatlawala
2 comments:
Rajeev ji, if one went long in Zinc after break of 65.50, what should the stop loss be according to you?
and what is the time frame to achieve the medium term target of 72 and longer term target of 77?
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