Hind Copper - Long Term Trade
Hind Copper Analysis
The stock is currently showing a Cup formation on the weekly time frame. The Relative Strength Index (RSI) is finding support around 38-40 on the same time frame.
An entry point can be considered at the current levels of 260-275. If there are dips, it is advisable to accumulate shares in the 230-250 range.
First target: approximately Rs 400
Second target: in the range of Rs 450-475
Long-term target: between Rs 575-600
Stop Loss: set at Rs 200
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
The stock is currently showing a Cup formation on the weekly time frame. The Relative Strength Index (RSI) is finding support around 38-40 on the same time frame.
An entry point can be considered at the current levels of 260-275. If there are dips, it is advisable to accumulate shares in the 230-250 range.
First target: approximately Rs 400
Second target: in the range of Rs 450-475
Long-term target: between Rs 575-600
Stop Loss: set at Rs 200
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.