🔍 Technical Analysis Update for NSE:HINDCOPPER - Week Starting January 23, 2024 📈 Entry Point: Consider entering the trade if the price crosses ₹275.40. 🎯 Target: Aim for a first target at ₹289.45. 🛑 Stop Loss: Set your stop loss at ₹230.60 to manage risk. 💹 Indicators Summary: Parabolic SAR: Buy signal initiated around ₹245.00. EMA & MA...
Being in the downtrend followed by a consolidation, a clear break out is seen in Hindustan Copper as it crosses levels of 175. It might start a rally in this stock after many years. The positive relative strength supports the signal as well.
📈 **Weekly Time Frame Analysis:** Sharing the weekly chart of Hindustan Copper, a stock that personally appears quite promising. Here's why: 1. Fresh Breakout: Witness a new breakout on the chart, signaling a potential bullish trajectory. 2. Retest at 197: Notably, the price (197) has been retested in the daily time frame, adding to the positive outlook. ...
Though Cup and Handle breakout done on monthly, momentum didnt kick start. Buying after weekly candle close above 183 is advisable for safe entry or else buy after retracement to the breakout zone of 175. Target is 320 Note: This is for educational purpose only.
Hi All… Greetings! Today I’m sharing you weekly chart of Hindustan Copper, it has been seen that from few months buyers are very aggressive in this stock. Hopping to see good prices in future. Thanking You Important Things 1. This is only for educational purposes only. 2. Never over trade. 3. Always keep Stop Loss. 4. Trade in limited quantity. 5. Taking a...
The Share is showing good support plus break out supported by Volumes. +It has managed to stay above the breakout levels for the last 4 weeks. + Industry in all is in uptrend +Good Volumes in last few months
institutional fii dii buying watch closely, Hindustan copper about to give breakout good volume fiidii activity bias buy side
Education Purpose Only Buy At 112.2 To 113.2 Stop Loss :- 110.5 Target 🎯 :- 114, 115.5, 117 Note :- Education Perpus Only Buy For Sort Term.
Once again it's me guys,good afternoon. We got a good oppurtunity for a swing trade around 20% ROI,let's make use of it. As i always say,whatever we do must follow risk reward and money management.
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. Please LIKE, COMMENT and SHARE to motivate...
NSE:HINDCOPPER positional trade i will repeat when you are sure and cheak with your analysis then trade or invest. Thank You.
P.s. Strong chart once this breaks out of range. Long consolidation. Now chart ready to move. Risk- reward favourable. Copper Index showing inital strength too. Same goes for nifty metal.
Hindustan copper on a daily chart seems to be forming heading & shoulder pattern. The neckline is forming at 108-110 which has been a strong support line, The 1st shoulder, than the head bigger than the shoulder & now seems forming the 2nd shoulder all looks perfect for H&S pattern. HC has taken support 3 times at the same neckline level in past 5 months. If forms...
After the downfall, Hind copper giving a Good Breakout with strong volume. Huge potential to move upside. Entry 130 -133 SL below the Trendline Target - 10-15%
Wait till breakout with either good volume or Big change % . Good opportunity for Swing traders.
Buy at CMP for targets of 170/185 Good Volume and accumulation Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
Short term trade idea: Trendline breakout in Hindustan copper. Buy at cmp, target: 170, sl: 140, horizon: 28 days.
Hindustan 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.