Nickel is moving as indicated some time back while even Crude Oil is nearing my target of 3400 (indicated buying at Rs 2700 in middle April)...
I presume now other base metals should see increased activity - Zinc is poised for another rally .
A break and close above Rs 77 should give a momentum towards Rs 88-90 levels ... keep SL at 71 after the break out occurs.
Happy trading !!!
CA Rajiv D Khatlawala
Head of Research & Training
JHAVERI Securities Ltd
Baroda
2 comments:
what r your views about hindustan zinc...what should be the targets and sl..is it worth buying now or should one wait for elusive correction?
And what effect would the equity markets have on Zinc and broadly on all the metals...would they correct as well or would they continue their upmove??
Post a Comment