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HomeNewsBusinessStocksHindustan Zinc can head upto Rs 180: Jai Bala

Hindustan Zinc can head upto Rs 180: Jai Bala

Hindustan Zinc can head upto Rs 180, says Jai Bala, Chief Market Technician, cashthechaos.com.

April 26, 2011 / 10:24 IST
     
     
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    Hindustan Zinc can head upto Rs 180, says Jai Bala, Chief Market Technician, cashthechaos.com.

    Bala told CNBC-TV18, "In the metal space, I like Sterlite and Hindustan Zinc. In Hindustan Zinc the breakout has been with expanding volumes and this is very healthy for the stock although the risk for the metal sector is quite high because the global commodities can have a very high risk of reversing from here or they are just in their last push. Keeping that in mind, you should position yourself accordingly."

    He further added, "Hindustan Zinc can head upto even Rs 180. Sterlite

    first published: Apr 26, 2011 10:22 am

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