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HINDUSTAN COPPER LTD
Long
Editors' picks
Updated

HINDUSTAN COPPER - Cup and Handle

26436
Simple Price Action Analysis. Breakout from Cup and Handle will take the price higher.
Note
2 big red candles but the volumes have been low. So far we can assume it to be just a retest and a recovery should clear the doubts of any trend reversal. However now it is the time to be a little cautious as well with stop loss.
Note
Retest and Recovery confirmed.
Note
Be a little cautious. Trail the stoploss
Trade active
Seems to be back on track.
Note
Resistance at 184.5
Trade closed: stop reached
CannySunny
Also on:
breakouttradingChart PatternshindustancopperTechnical IndicatorsTechnical AnalysisTrend Analysis

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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.
breakouttradingChart PatternshindustancopperTechnical IndicatorsTechnical AnalysisTrend Analysis
CannySunny
Also on:

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.