Present resistance is crossed and done away with. 145 was a clear cut resistance which was surmounted well on the last week. Fresh bullishness may take it to a level of 210-225, where it will meet another resistance.
HINDCOPPER trade ideas
BullishWatch out for the level of 78, which it failed to cross on Friday. It can surprise investors in the long term. Holding.
HINDCOPPER ready to blast gave 7 years old Trendline BreakoutHello traders,
HINDCOPPER gave 7 years TL BO and ready to move now
intraday buy above 118
swing buy above 125 (wait for daily candle close)
other details are mentioned in the chart
below link to related ideas are some of the profitable bumper trades in past few weeks.
check my other ideas to get to know about all the successful trades based on price action.
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Aniket.
Watchout for 10 year old trendline breakoutThe stock has reached 10 year old trendline and looks good above 118.1 level.
HINDCOPPER Analysis 23 Feb 2021Weekly Candle BO
Last time it attempted BO was Nov 2017.
I am looking for a TGT of @165
CRS is also BO
HINDUSTAN COPPER- Weekly Chart Self ExplanatoryA Along Break out is expected in Hindustan Copper, Metal sector specially Copper is is flavor due to high demand in copper for wire etc and new projects starting. Hindustan Copper has posted 100 Crore in Q3-20 as compared 20 Crore loss in Q3-19 YOY basis. This is going over 100 by Aarch / April 21 nd and even higher in next -1 year. It may double from here in next -1 year due to hing demand of copper.
Hindustan Copper - Break breakoutOne stock ive been bullish on an shared on multiple occasions from almost the bottom could see another breakout.
Copper just broke out to a decade long high but this stock is still lagging in a big way...
Long at CMP for a triple digit target.
Keep a deeper than usual SL to avoid getting stopped on a shakeout.
An Inverse Head And Shoulders Breakout On Weekly Chart.Hindustan Copper Ltd. gave a fresh inverse head and shoulders pattern breakout in today's session with huge volumes, stock is expected to continue the rally till 80-85 levels.
Swing trade It have a almost 7% gap with strong buying, may be first it can fill the gap then rally will continue, if you want to buy. Buy above the level of 68 with 64 stop loss and target will 91-94
Invest Now HindcopperAll level mentioned on chart.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules.
Reach out if you wish to learn powerful technical analysis based on simple price action.
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Broken out on Monthly ScaleKeep HindCopper in watchlist as broken out on monthly scale, positive on all scales
Hindustan Copper LONG [Cup & Handle Breakout]Hindustan Copper has given a cup and handle breakout.
With a SL of 40, one can go long in this counter for the target mentioned in the chart.
Weekly chart Break-outNext/Immediate/Major Resistance – 63/ 70
Short Term Support - 47
Long Term Support – 40
Chart Trend - Positive
Chart Pattern -
Recommendation - Buy
