Hindcopper 300+retested multiyear BO level of 110.5. support at 107 - 86. target 300+ in next two years. need to trade above 129 for confirmation.Longby UnknownUnicorn11480013225
Hindustan Copper - Weekly ChartDownside Target around 90. HC is in a channel and currently in the C wave of ABC waves. Long term idea. After completion of this wave, it can start a bullish rally.by negism0
Hind copperrenge bound in teh channel... b4 it melts down.... Strategy : .... selll on rise.... continuation of related study attached below... Happy Trading...Shortby emraldconsul3
Hindcopperbreakout level is 145. hopefully it will cross all limits this time & doesn't come down again to test the BO. targets 250-330. will revisit this chart only above 220.Longby UnknownUnicorn11480013444
HInd Copper.....Approaching.... major support zones... 120 - 121 major bounce back zone.... Weekly close below 120 short term investors should re think... Longby emraldconsul4
Hind Copper - Downtrend channelHind Copper: Avoid - Moving in downtrend channel. - No trade entry till a breakout above the channel and negation of LH-LL pattern. Only for educational purposes. Not a recommendation. Shortby Saninvestor0
BREAKOUT Possible In This WeekEarly stage of downtrend? Watching 137 the intermediate support. by Trader_NishantK0
Looks good for swingBuy above 157 for swing, other levels mentioned in the chart #DyorLongby yash12453
Falling wedge pattern on Hind CopperWait till breakout with either good volume or Big change % . Good opportunity for Swing traders.by king_lakshya1
Hind Copper AnalysisCovid has induced an long term commodity inflation cycle. First there was a Huge inflation in Steel Prices, then - Copper, Rubber, now in Textile too(partly due to flood in Indonesia & nearby countries). Hence, to encash such cycles one should have caught such cycles during the starting. Else may get trapped in highest levels. Additionally, Copper price can further rise in upcoming next 2-3 months due to fresh lock-downs in many part of China (because of Delta variant spread). But before investing in such stock, One must be mindful that it is already 5-6x from the march bottom & the cyclical nature of the stock too. Having understood the risk, One can enter in Hind Copper once the triangle broke & does the retest. or even the safest bet is weekly closing above 170 level. Disclosure: I would not invest in this at these levels due to high downside risk from here. (already invested in 39-40 levels. for me its just hold now)by IIMA_Brat2
Hindustan Copper showing bullish Movement Buy at CMP and watch out for candle stick confirmation on 165 with main trgt of 197 MA will now act as a support and shows bullish trend. Stop loss can be kept around 134 for good 1:2 RR ratio.Longby devshahac0
HINDCOPPER - BuyGood weekly chart Indicating downtrend reversal on daily chart with strengthening MACD Stock outperforming market. Buy , at CMP or 150 levels Stop - 130Longby sankalponweb2
Hindustan Copper looks good! 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.Longby AttackTheBear2
Hindcopper LongHindcopper Long Strong support at 141 (100 day EMA and 20 Week EMA) also crossed all EMA's with good volumes Buy above 156.5 (on closing basis) SL- 141 Target- 173, 188 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Longby ashwinjethwani14093
Time to go long!After Break Out on Daily Time Frame, stock has retested BO and looking all set for 1st target of 172. Stay long!Longby Equity_OptionTrader1
HINDUSTAN COPPER LOOKING BULLISHShort term trade idea: Trendline breakout in Hindustan copper. Buy at cmp, target: 170, sl: 140, horizon: 28 days.Longby ChinmayonniftyyUpdated 8
Hindustan Copper Falling wedge pattern & Bullish kickerFalling wedge pattern ( black lines ) breakout. The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration. The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend. Here it is appearing in uptrend. Hence continuation pattern. Continuation or (Reversal) Pattern: 1.Identify an uptrend or (downtrend) 2.Link lower highs and lower lows using a trend line. The two lines will slope downwards and converge 3.Look for divergence between price and an oscillator like the RSI or stochastic indicator 4.Oversold signal can be confirmed by other technical tools like oscillators 5.Look for break above resistance for a long entry Key points to remember: 1.Identification of the trend is crucial 2.Both continuation and reversal scenarios are inherently bullish 3.Both patterns present favorable risk to reward ratios as they generally precede big moves Here is how you identify a bullish kicker: 1.The pattern starts with a bearish (red/black) candle 2.The second candle gaps to the upside, and opens above the previous day’s close. It continues straight up and ends as a bullish candlestick. 3.The gap should not be filled by the wick of the second candlestick, but be left untouched. In other words, the candlestick has a tiny or non-existing lower wick. The pattern occurs after a downtrend, it instead might be a sign that the market has gone too far, and is about to revert. Here the bullish kicker becomes a sort of reversal pattern. The first candle in the signal continues with the current trend, moving downward, but then a major event causes the second candle to gap up. The price bursts upward with bullish enthusiasm. Thus, the Bullish Kicker candlestick pattern portrays a strong change in investor opinion. Not only is there a bullish candle following a bearish candle, but the strength of the switch resulted in a gap between the two candles. The Bullish Kicker signal often occurs after a major surprise in the news that is announced before or after market hours. Something drastic has happened, causing a great shift in investor sentiment, and a reversal will inevitably follow. The larger the gap between the two candles, the more significant the signal. Combining chart patterns with other technical indicators wave out any false signal if generated. Therefore adding any one of the other indicators like Volume, Stochastic, RSI, MACD support etc. with chart patterns, one can further enhance the probability of the pattern to happen. Editors' picksEducationby varadtambolkarUpdated 3434277