HINDCOPPER
HINDCOPPER -BULLISH- BREAKOUT HINDUSTAN COPPER LTD .. on DAILY CHART seen Rounded Bottom formation pattern, Stock seen trendline breakout, resistance breakout last closing sessions.
at support level double bottom formation seen, chart look bullish from this level for upside 10-20% potential upside in short term.
MACD ABOVE CENTER AND SIGNAL LINE .
RSI look bullish went above 60 and RSI also above WMA ..Bullish indication ..
BUY HINDCOPPER @ 142.25
TARGET 150-160-175 ( 1 MONTH )
STOP LOSS 120
**** THIS IDEA IS FOR EDUCATIONAL PURPOSE...take call at own risk. !!
HAPPY TRADING. !!
Hindustan copper - High probability trade1.Hindustan copper near 200 Ema
2.Major confluence zone
3.Trendline breakout
4.Parallel channel breakout
5.Crossed major resistance of 136
4.RSI looks good
5.MACD above signal line
These kinds of setup have the best risk to reward ratio and should not be missed.
Buy above -136.50
Targets mentioned in the chart above.
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Is Hindcopper ready to break??Hello everyone
I am very bullish on Hindcopper because when market is falling hindalco still bullish and according to my analisys you can see bullishness in it.
it is creating a double bottom and loaded it self to fire .
comment bellow if you need else knowledge.
This is mine own research do yours as well
My research and opinions should not be consider as an advice or tip
Thanks for now