hind copper ideathose are stuck in hind copper
this got be possibility of hind copper.
chart is self explainatory range is 120 at low side and upside is 180.
HINDCOPPER
NIFTY METAL ABOUT TO GIVE BREAKOUT. TOP PICKS TO RIDE THE RALLY.NIFTY METAL IS ABOUT TO GIVE A STRONG TRIANGLE BREAKOUT AFTER CONSOLIDATION.
Top 3 picks are:
1) Tata Steel: Tata Steel shares have rallied 240% in the last one year on the back of rising steel prices. Tata Steel deleveraged its balance sheet. The company repaid Rs300 billion of its net debt in the last financial year. In its latest quarterly results, the company reported better than expected numbers on the back of improved realisations in the domestic market. The rally is going to resume in coming days.
2) SAIL: Shares of SAIL have been up almost 300% in the last one year. As the largest producer of steel in the country, the company was the beneficiary of soaring steel prices. With steel prices at a record high, the company is poised to post its best-ever EBITDA.
3) Hindustan Copper: Riding on the back of buoyant copper prices, Hindustan Copper (HCL) shares have jumped 330% in the last one year. HCL is the only vertically integrated copper producer in India engaged in a wide spectrum of activities ranging from mining, beneficiation, smelting, and refining. Goldman Sachs have both said copper prices could hit $15,000 a tonne in the coming years.
HINDCOPPER_BULLISH PATTERNOne can go long in HINDCOPPER if it breaks the bullish pattern.
(for educational purpose only).
HIND CopperOn weekly chart it has taken support on exact 21 EMA Line.
now is it ready for a turn?
What do you think?
Hindcopper 214 falling wedge shall ensure a conservative target of 214 in short term. a close above 153 needed for the upmove. trigger is close above 161
HindCopper DailySeems to be good support at current levels.
Fib support. Trendline Support.
Hoping for close above 145.
Follow for more.
hindcopper longgo long on hindcopper for immediate target of 180
reason for selection
1.rsi divergence
2.50 percent fib retracement
3.bullish harami reversal pattern wih volume
gd luck ....take position accoding to your risk
Hindustan CopperHindustan Copper - Cmp 173.15
Looks good for long for initial targets of 189/200/212 as long as sustains above 165.
Reason:
1. Breakout retest candidate.
2. Hidden bullish divergence.
HindCopper Symmetrical Triangle Symmetrical Triangle seems to be forming as well as lower volumes.
Rising Channel.
RSI Divergence visible.
Breakout from triangle could be a good move.
200+ target
Follow for more.
HINDUSTAN COPPER LTD BOOM MUST BE IN YOUR PORTFOLIOwe see on the chart a major breakout happen in the hindustan cooper after 9 year of gap it will cross 170 level we buy for a target of 300 with stoploss of 170 for short term the level you see on the chart
FUNDAMENTALLY BASE COPPER PRICE MAY CROSS 1000 LEVEL WHICH IS 25% FROM CURRENT LEVEL BENEFICIARY HINDUSTAN COPPER AND HINDALCO THESE TWO MUST BE IN YOUR PORTFOLIO
Flag BO in HINDCOPPER.Disclaimer :- This is not any buy or sell recommendation. It is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing. Thank you !
There is a Flag breakout generated in HINDCOPPER on weekly chart with Bullish katana candle in this week. and if you check the daily chart then you will see the cup and handle breakout also. There is also a gap of 212 from November 2012. So, may be this time it will be fill this gap. 150 is the support level which is low of this week. and upper levels are 185-200-213-230.
Thank you !!😊
Hindustan Copper Ltd breakoutHindustan Copper Ltd multiple year breakout down and price sustain, next target would be 230 plus.
