HINDZINC

🗓️ Breakout Date: June 5, 2025
📈 Pattern: Stage 1 Base Breakout
📊 Volume: Strong breakout volume, confirming institutional buying interest
📉 Moving Averages: Price trading above all key moving averages (short, medium, long)
📈 Relative Strength vs Nifty: Turned positive — showing outperformance
📍 Key Notes:

• Clean breakout from multi-month Stage 1 base
  
• Supply zone overhead — wait for consolidation or pullback to enter with favorable R:R
  
• Add to watchlist for potential entry near support or breakout continuation
  

📌 Actionable Idea:
Wait for price action to either:

• Retest breakout zone (₹470–₹480 range), or
  
• Break above ₹570 (supply zone) with volume confirmation
  

🛑 Avoid chasing at current levels — let price offer better risk-reward.