LONG HCL FOR TGT=70; SL=58, Huge surge in volume+price action, caution illiquid scrip
I am looking to enter CMP with Target of 67.75 with stop 66.40 Regards
NSE:HINDCOPPER buy at Rs55 to Rs64 Stop Loss - Rs45 Target 1 - Rs85 Target 2 - Rs110 Good Risk-Reward Ratio, Worth a try.
HindCopper got rejected from the zone 73-74 & the fall was sharp- so any move below 65 & sustains- shall activate next tranche of fall. Rising Trendline later could activate further fall in HindCopper. Regards, Abhishek H.Singh, CMT
Above 200 EMA- HindCopper will set up the stage & going beyond 125- Double bottom is in place- giving us a target equal to 125-42 = 83 - Above 125 mark- so ideally it should go in the zone 200-210 above 125.
I'm of the opinion that HINDCOPPER will fall after their results are released. As long as it stays below 65 SL = 70 ******************************************