Complex Head & Shoulder formation in Zinc

Complex Head & Shoulder formation in Zinc

Zinc is forming a complex head & shoulder pattern. The Second right shoulder is still in formation. Selling the current price will give you a very good risk reward . However, breakdown below the neckline of Rs . 292.80 will give confirmation of selling and can expect 275 overall target. As of now resistance is at Rs . 205 but after the breakdown Resistance will be above the top of the shoulders i.e at 202.50

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