#HINDCOPPER Taking support at Trendline and rising.
Good Strength & Volumes in stock
Take Quick 5-10% and Keep Trailling.
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Happy Trading !!!
1.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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NSE:HINDCOPPER
#NSE:HINDCOPPER formed Ascending triangle with Double top,
Complete analysis marked on chart, check and reach me in case of any clarifications.
The hind copper stock price has been falling heavily since it reached the ATH mark. However, the time has come to buy the stock based on the following reasons.
1) The demand zone is created by the ABCD pattern 2.24 and 2.414, the price bounced off this zone with huge volumes.
2) The price is near the 200EMA line, which is 117.17 currently.
3)The RSI is making...
