HINDCOPPERHINDCOPPER View bullish
Tgt - 170,200,350++(long tream)
Stop loss - last swing
Triling stop loss - move to new low swing.
HINDCOPPER trade ideas
Rounding Bottom patternThe stock is making a rounding bottom pattern and looks good positionally above 138.55 level
Hindustan Copper LtdDaily Chart pattern
Flag Breakout
Reverse from Long term Resistance
Positive Volume Buildup
Can give good 20 to 30% Return in few days
PROS
Company is expected to give good quarter
CONS
Stock is trading at 12.16 times its book value
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -3.91% over past five years.
Company has a low return on equity of -7.87% for last 3 years.
Company might be capitalizing the interest cost
Earnings include an other income of Rs.45.17 Cr.
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Hindcopper level for study purposeabove 141 it will choose its own targets 196-240-335-460. good support at 122.5-109.
down fall predicteddue to the markets volatility and due to the second wave of covid the market is expected to fall.
HindcopperHey Guys,
This is the first time am uploading video. Please do like my video if u find my video knowledgeable. will try to add more value to the video.
Am very much bullish in Hindcopper. U guys can buy on DIP also please keep an eye on my trendline. Buy whenever u get the stock near support line and never forget to put Stoploss.
HINDCOPPERHindcopper looking bearish after forming a DOJI and bearish MARUBOZU at the top of the trend.
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.
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.
Thanks,
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.
