#HINDCOPPER trading above Resistance of 352
Next Resistance is at 413
Support is at 259
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
Hindustan Copper has long consolidation pattern and now given good breckout with the volumes. Again it has my favourite pattern. Slanted inverted head & shoulders pattern. 260-265 will be good accumulation zone for this stock. It’s for long term investment or swing purpose.
Target1 339
Target2 415
Target3 466
Target4 522
Target5 586
Target6 658
DISCALIMER: I...
HINDCOPPER Looking good for Downside..
When it break level 351.50 and sustain.. it will go Downside...
SELL @351.50
Target
1st 348.15
2ND 343.80
HINDCOPPER APR FUT – 1 LOT (Qty-5300)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
#HINDCOPPER trading above Resistance of 259
Next Resistance is at 352
Support is at 167
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Retest done after all time high breakout, hold it until shooting star or bearish engulfing is formed in 1hr tf.
This is only for educational purposes, trade at your own risk.
HINDCOPPER (Positional)
-----------------
Range BO & Volume Buildup
Buy @CMP
Target : 290-302-314-340-390-453
SL : 189
Please consult your financial advisor before investing
All research for educational purposes only.
@HINDUSTAN COPPER Looking good for some upside moment
Price Breakout(196) with good Volume on Weekly chart
Technical
Sper Trend- Positive
RSI- 50 Above
RS-Positive
Strategy-Buy On Dip
Strict Stop Loss- Super Trend
Disclaimer-This Analysis only for Education purpose
Not recommendation any buy or sell
Please self study before take any action.
HInd copper- CMP 321
I had a buy call on this counter a few months back.the stock has given a fresh breakout. In my view this stock will retest the highs.
Daily timeframe-good volume.
Rectangle pattern breakout with good volumes.
As breaking a long consolidation, either it will sustain or fail. Chances are 50-50.
Wait for the retest for conformation.
NOTE: I do my analysis, do yours before trade.
📊 Script: HINDCOPPER
📊 Sector: Non Ferrous Metals
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is trading near at middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover.
📈 Right now RSI is around 59.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 281
🟢 Target 🎯🏆 - 306
⚠️ Stoploss ☠️🚫 - 269
⚠️ Important:...
Reason for long
a) Support level.. Hence possibility of long
b) MCX cupper price up by More than 2%, Hence possibility of long
c) Entry criteria: first 15 min breakout with SL
d) QQE Support
e) SL compulsory
Cons: Nifty non supportive
