navingoyal2003

Education price action analyis - Hindcopper

Long
NSE:HINDCOPPER   HINDUSTAN COPPER
Chart has given BO on weekly basis.. it should come to retest at the BO level...
if it happen than generally entry get trigger...
In such a situation, one can have a 1:1 RR..
SL 135
T 195
Comment:
on weekly chart, resistance visible at 176/- after that it should be more stronger and stop at next resistance which is 195/-... let see how these supports and resistance play in market..
Comment:
One more resistance at 170/- visible.. if stock crosses these resistance then can travel to next one..
Comment:
No change in my hypothesis... 170 resistance visible... one more important point, stock has taken support on weekly 20 and rebounding..
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