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CuriousChartist

HINDUSTAN COPPER - Cup and Handle

Long
HINDUSTAN COPPER (NSE:HINDCOPPER)  
CuriousChartist Updated   
NSE:HINDCOPPER   HINDUSTAN COPPER
Trend Analysis Chart Patterns Technical Indicators hindustancopper breakouttrading Technical Analysis
504
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trendanalysis chartpattern indicator hindustancopper breakouttrading technicalanalysis
Simple Price Action Analysis. Breakout from Cup and Handle will take the price higher.
Comment:
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.
Comment:
Retest and Recovery confirmed.
Comment:
Be a little cautious. Trail the stoploss
Trade active:
Seems to be back on track.
Comment:
Resistance at 184.5
Trade closed: stop reached
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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