Outside Bar Formation in HINDZINCHindustan Zinc LimitedNSE:HINDZINCMurthy_SanthoshTF: Daily CMP: 615 One 29th Dec, price has formed an Outside bar completely engulfing the previous day's candle. One can wait for the break of this candle to trade the range breakout targets. The upside target is at 698 and the lower end target is 572 If you have a bullish bias on this counter, either wait for the breakout on the upside and enter, OR wait for the breakdown target (570-580 levels) to buy the dip. For now, it is a wait and watch Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.