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
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