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    HomeNewsBusinessStocksShort Hind Zinc for target of Rs 112: LKP

    Short Hind Zinc for target of Rs 112: LKP

    Short Hindustan Zinc for a target of Rs 112, says Rakesh Gandhi, Sr Technical Analyst of LKP.

    August 29, 2011 / 08:48 IST
       
       
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      Short Hindustan Zinc for a target of Rs 112, says Rakesh Gandhi, Sr Technical Analyst of LKP.


      Gandhi told CNBC-TV18, "Hindustan Zinc has been trading above Rs 120 levels since Jan 2011. Last week it has broken the level and has also broken below its 300day exponential moving average indicating there is further downside in the stock. One can short the stock for a target of Rs 112 with a stop loss of Rs 122."


       

      first published: Aug 29, 2011 08:46 am

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