Hindustan Copper Limited (HCL), a public sector undertaking under the administrative control of the Ministry of Mines, was incorporated on November 09, 1967. It has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of...
👉Hindcopper is making same patterns again and again.
👉Flag is broken now wait for the retest to get positions.
👉 Market view- Bullish.
👀Keep an eye👀
Overview ✔️
Technicals ✔️
Financials ✔️
Volume ✔️
Fundamentals ✔️
👆Follow for more alerts👆
😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational...
DATE: 30 MAY 2021
INSTRUMENT: HINDCOPPER
TREND: BUY
TIME FRAME: DAY
CMP: 174.05
RISK ENTRY BUY ABOVE -176
BUY ABOVE: 184
STOP LOSS: 164
TGT 01: 197.15
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Hindustan copper is well driven in upper trend,seems like consolidation period is about to end and it is retesting on the support.
Keep an eye on this stock,
Maybe we can find an opportunity to buy.
Follow for more alerts.
Keep Trading 💪
Disclaimer: This is my personal analysis for education purpose.I am not sebi registered. Do ypur analysis before talking a...
-Strong Weekly and Monthly momentum Suggested by RSI above 60 on M & W Timeframe
Breakout in Price Supported by:
a) High Volume
b) Breakout in Daily RSI
c) Relative Outperformance to Broad Market ( CNX500 )
d) Leading Market Sector
e) Fresh all time high in Copper MCX
1. Enter Long 172
2. Initial stop loss below 150 on closing basis in hourly timeframe.
3....
Hindcopper broke its 52 week high and looks good to enter
Target is open and stop will be below the trendline.
On a monthly time frame, you can see a swing low of 181 which will act as resistance.
Book timely profits.
Only for educational purposes****
Like and follow for more
HindCopper price forming a nice handle with price and volume contraction. If price manages to hold the 10 EMA with a few more tight days, the structure should near completion then.
