Hindustan Zinc is showing signs of strength after finding support near the rising trendline of a developing Ascending Triangle. The stock has been making higher lows, while the broader descending resistance continues to cap the upside, bringing price closer to a decisive breakout point.

With volatility compressing and buyers defending higher levels, the setup is becoming increasingly attractive for a potential bullish expansion.

Trading Plan:

✅ Bullish on a sustained breakout above ₹560–₹565 with strong volume
🎯 Target Zone: ₹580–₹590
🛑 Immediate Support: ₹535–₹540
🛑 Major Structural Support: ₹485–₹490

As long as the rising support remains intact, the bulls retain the advantage. A decisive close above the descending trendline could trigger momentum buying and drive the stock toward the highlighted target zone.

Disclaimer: This analysis is shared solely for educational purposes and does not constitute investment advice. Please conduct your own research and practice proper risk management.