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ASX:A1M – AIC MinesTechnical Analysis ASX:A1M A1M is showing a clear monthly trend revival after a prolonged consolidation phase. Key observations from the monthly chart: • Price is breaking out from a long base near A$0.45–A$0.50, indicating a structural shift. • Strong close above the middle Bollinger Band, with expanding range suggesting momentum is building. • Volume has expanded noticeably, pointing to early accumulation interest. • RSI has moved above 55–60, signalling transition from range-bound to bullish momentum. This looks like an early-stage cyclical breakout, driven by copper strength and improving price structure. Trade Setup • Entry Zone: A$0.55 – A$0.60 • Stop Loss: Below A$0.48 • Potential Upside: A$0.75 – A$0.85
ASX:A1MLong
by hrishikeshrahalkar
NSE: HINDCOPPERCompany Overview NSE:HINDCOPPER Hindustan Copper is India’s only vertically integrated copper producer, operating across mining, beneficiation, smelting, refining, and casting. It plays a strategic role in India’s infrastructure, power, renewable energy, and electrification ecosystem. Fundamental Summary (High Level) The company has gone through a long period of operational stagnation and underperformance, but the structural backdrop has shifted. Rising domestic demand, electrification, renewable energy expansion, and tighter global copper supply create a favourable long-term setup. While near-term fundamentals remain cyclical, copper itself is a strategic metal aligned with India’s capex and energy transition themes. Technical Analysis (Monthly Chart) On the monthly timeframe, HINDCOPPER shows a clean long-term breakout after spending several years in a broad consolidation range. Price has moved decisively above prior resistance with strong follow-through. RSI has entered a sustained bullish zone, confirming strength rather than a short-lived spike. The stock is holding well above its long-term moving averages, indicating a transition from accumulation to trend continuation. Trade Setup (Technical View) Entry: ₹480–₹530 zone on pullbacks or continuation Stop Loss: Below ₹420 on a monthly closing basis Potential Upside: ₹650–₹750 over the medium term Rationale: Monthly range breakout + strong momentum + structural copper theme aligned with India’s capex cycle
NSE:HINDCOPPERLong
by hrishikeshrahalkar