HINDCOPPER trade ideas
Cup & Handle Breakout in Hind Copper WeeklyHindustan Copper has given a Cup & Handle pattern Breakout on Weekly Charts.
But its facing a near resistance app 43.
Valid Breakout above the resistance can lead to good upside on the stock.
Trade as per price action.
Hindustan Copper/Copper correlation - Long TradeCopper is currently trading at multi year highs. But Hindustan copper hasnt moved up even close to the kind of move made in Hindustan Copper.
(Copper price is the yellow line, Hind Copper is the bars)
Expect a move going ahead in Hindustan Copper to match the move in copper. Hind Copper has broken out of a downward trendline. Could next be heading towards 50+
Long at Current price with a SL 5% below purchase price.
Hindustan Copper... Bearish or Bullish?Hi Guys
Please comment on my idea based on trend analysis and technical indicators... Is it a bullish or bearish trend?
Bollinger Band Shrinking in HindCopper,,,good to longWhen Bollinger Band Shrinking at this level and Triangle pattern in 15 min candle. So go for a long position in the stock when a proper breakout happens.
HINDCOPPER : Buy coming soon at around 41 levelsAs per my wave analysis, a buy is coming soon..
Two possible options on the chart from here on..
Looking Bullish On Hourly Chart Bullish PennantResult Near By Fallen Almost 50% Looking For Retrenchment To and Bullish Pennant Pattern in the making in hourly chart looking strong targets are mentioned below...
Buy : 49
Target : 60/65
Long Term target : 100 / 120/ 150
Stop-loss : 42
Personal Invested For Long Term So Take A Financial Advice...Company is good and dividend paying and results re tremendous annually growth above 20% just a issue is debt and further scope of expansion is more so long term investors and short term investors take look..
Sorry For The Error in The Chart of Name " Flag & Pole" Cant be edit now so please take it as Bullish Pennant Type
Hindustan Copper - Technically a Buy Hindustan copper is technically strong and buying with SL of 62.
GO LONG IN HIND COPPERtrendline breakout happens in HIND COPPER, with 66 as stop loss we can go long .
target 1 - 80Rs
target 2 - 88Rs
Hindcopper Interesting pattern in place , metal pricing supporting . Lookout for 170-180 levels . Lets have hot tea in this cup .Stockdada.com
Hindustan Copper : A Good Positional Pick ... {Bullish}To All Members : Buy Hindustan Copper at Current Price ... Levels are mentioned over the chart ... Good Luck !!!
HIND CopperAccumulate in range 89-93
Targets
97
100
105
111
SL below 87 CBSL
for educational purpose only, Not responsible for any loss
