swing_setup

Trend Reversal and Possible breakout

Long
swing_setup Updated   
NSE:HINDCOPPER   HINDUSTAN COPPER
Stock was making Lower low since the last couple of weeks now. After a good consolidation on the 200 DMA line, we see the stock making higher Low. Possibility of trend reversal also seen from RSI divergence (Stock flat but RSI rising). The volume too is rising since the last couple of sessions. Possibility of trend reversal.
Trade closed: target reached:
Target 2 of 156 hit
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