HINDZINC - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating for HINDZINC: 3.2

Hindustan Zinc sits at an interesting junction for today’s intraday setup — strong fundamentals and high dividend yield offer structural support, but short-term technicals and valuation metrics suggest caution. Here’s your tactical playbook

🔍 Technical & Momentum Indicators

RSI (45.4): Slightly bearish-neutral; no clear breakout bias.

MACD (-3.91): Negative and diverging — signals fading momentum.

Current Price ₹437 is below DMA 50 ₹447 & DMA 200 ₹457 → short-term weakness.

📈 Volume Action

13.56L vs Avg 18.23L: Trading below average — muted intraday interest, could limit upside unless volume picks up post-opening.

💼 Fundamental Snapshot

ROCE (61.1%) / ROE (73%): Exceptional returns — long-term strength.

P/E 18 vs Industry PE 34.8: Valuation is attractive.

EPS ₹24.2 / Book Value ₹31.5: Healthy metrics.

Dividend Yield 6.63%: Stability in income stream.

Qtr Profit ↓ -4.73%: Needs watching — recent dip may reflect short-term challenges.

🛠️ Intraday Trade Strategy

🔸 Fresh Entry

Buy Price Zone: ₹432–₹437 (Consider entry only with bullish reversal signs or if price holds above ₹435 with rising volume)

Profit Target: ₹443–₹448

Stop Loss: ₹427 (Below recent support and psychological level)

🔸 If You Already Hold It Today

Exit Levels

Above ₹443–₹448: Begin profit-booking as price nears resistance band.

Below ₹427 on expanding volume: Exit to protect against downside risk.

Trailing Stop: ₹430 (Lock profits if upside stalls)

🧠 Final Verdict

Not ideal for aggressive intraday play today — but a stable pick for reactive, disciplined trades. Momentum is weak, and price is sitting below key averages. If broader market sentiment turns favorable and volumes increase, HINDZINC could see a bounce.

Want to track this one live and compare it to peers like Vedanta or Hindalco later today? I can help you tune into the sector pulse.

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