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HINDUSTAN COPPER LTD
LongEditors' picks

HINDUSTAN COPPER - Cup and Handle

By CannySunny
Updated
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
breakouttradingChart PatternshindustancopperTechnical IndicatorsTechnical AnalysisTrend Analysis
CannySunny
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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