naveenpawar22

HIndustan copper 2 years cup breakout

Long
NSE:HINDCOPPER   HINDUSTAN COPPER
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320.
On the bigger time frame it will completing a cup or box pattern of more than 11 year.
If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600.

This is for educational purpose.
Trade active:
Its has managed to move 20% in last 4 trading session. Currently trading at 273.Seems like copper is the new gold.

Every dip should be consider as buying opportunity.
Long way to go.

This is for Educational purpose. Not A Buy/sell Recommendation.
Trade active:
Stock is trading at 283 now. Now it is in resistance zone till 320. RSI weekly and daily is more than 84.

Correction can be expected in coming week as RSI is overheated.

This is for Educational purpose.
Trade active:
It is currently trading at 301. slowly moving to its first target of 320.

Have given a pole n flag breakout.

This is for Educational purpose. Not A Buy/sell Recommendation.

Trade active:
It look like it is forming a head and shoulder patter on weekly .

It is a good opportunity to add this for longer time frame.

This is for Educational purpose. Not A Buy/sell Recommendation


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