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veevao_suryaj
May 10, 2021 1:51 PM

Hindustan Copper-Bullish Short

HINDUSTAN COPPERNSE

Description

Simple Price action and chart analysis, the price action entered a cup and handle from a bullish flag, forming a bullish flag last week. Today's gap was prominent resulting in a good break. MACD is indicating bullish ahead.
Trade wisely...

Comment

Today the market opened weak due to the global weakness over inflation. But towards the closing Hindcopper has shown a progressive movement, hopefully, it moves up or tomorrow.

Trade closed: stop reached

It will be testing its support at 170 level. wait for it to sustain then enter. If you have already entered move out if the support is broken.
Comments
vaidikmandloi
is it good to buy it at current levels?
veevao_suryaj
@vaidikmandloi, It will be testing the support at 170 level, and if it sustains that level then it should up or it will go down.
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