Hindustan Copper Limited buyAdding some quantity for a year for a target of 80%+ for a stoploss of 10%
DYOR BEFORE ANY INVESTMENT....
HINDCOPPER trade ideas
Hindcopper : Need to sustainHindcopper :
Ascending Triangle breakout possibility
Need to sustain 270 levels
Support at 260
Hindcopper : Resistance breakout viewHindcopper :
Ready for resistance breakout
Long above 266, more power above 276
Support at 260
HINDCOPPER: 🔍 Technical Analysis Update for NSE:HINDCOPPER - Week Starting January 23, 2024
📈 Entry Point: Consider entering the trade if the price crosses ₹275.40.
🎯 Target: Aim for a first target at ₹289.45.
🛑 Stop Loss: Set your stop loss at ₹230.60 to manage risk.
💹 Indicators Summary:
Parabolic SAR: Buy signal initiated around ₹245.00.
EMA & MA Crossover: Bullish signal at ₹264.05.
MACD: Awaiting crossover; signal at 18.42, MACD at 14.69.
Stochastic RSI: Buy signal present; K at 14.90, D at 8.78.
%R: Neutral at 43, indicating potential upward movement.
Fisher Transform: Bullish signal at the lower band; Fisher value at 0.72.
🚦 Overall Outlook: The market indicators suggest a cautiously optimistic trend towards bullishness, with key signals aligning for a potential upward movement. Monitoring the MACD crossover and %R values will be crucial in the coming days.
⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
#HindustanCopper #TechnicalAnalysis #StockMarket #Investing #TradingStrategy #FinancialMarkets
🌟 Stay updated and invest wisely! 🌟
Discused on Dec - Running at 36% profit despite Nifty fallAs discussed on 19 Dec - Today the stock is trading at 36% in just 40 days. Expected to go even higher till 450.
Education purpose only - HcoppADX Strong
RSI Buying zone
Currently at resistance level
When a stock closes above resistance level, it gives a strong spurt..
So close above 290 would take to it to 321...
Lets see how the hypothesis play..
Hindcopper Bounce Hind Copper bouncing back from demand zone, The hammer on hourly candle says it all. Price action shows strong upside in near term.
Hindustan Copper saw a clear breakout at the lower levels!Being in the downtrend followed by a consolidation, a clear break out is seen in Hindustan Copper as it crosses levels of 175. It might start a rally in this stock after many years. The positive relative strength supports the signal as well.
HINDUSTAN COPPERBUY @ 206.00 RS
TARGET @ 285.25 RS
BUYING CONFIRMATIONS: Rounding bottom breakout in a weekly timeframe
Expected returns are around 39.00 %
Hindustan Copper: Charting a Fresh Rally After Breakout📈 **Weekly Time Frame Analysis:**
Sharing the weekly chart of Hindustan Copper, a stock that personally appears quite promising. Here's why:
1. Fresh Breakout: Witness a new breakout on the chart, signaling a potential bullish trajectory.
2. Retest at 197: Notably, the price (197) has been retested in the daily time frame, adding to the positive outlook.
Key Observations:
- Persistent Resistance: The stock had long-standing resistance from a trend line, which was convincingly broken in Feb 2021.
- Rally and Retest: Following the breakout, a substantial rally ensued, and the stock retraced to touch the trend line, confirming it as a retest.
Anticipating a New Rally:
Given these patterns, the stock seems poised for another potential rally. What are your thoughts?
Hind Copper-Astrong play in Metal SectorHindustan Copper, a leading Indian public sector undertaking in the copper industry, is poised for strong potential for growth. The company has recently acheived a significant milestone, reaching a price level not seen in 11 years. This upward trend is supported by robust momentum and healthy trading volumes. Hindustan Copper is therefore worth close watching by investors seeking opportunities for exceptional gains in the near future.
Hindustan Copper
Hindustan Copper making higher highs with support at the white horizontal line drawn. New era of bullish may start.
Suggestion: Watch levels of 231 and 245 tomorrow and be watchful at 12.08. If you can wait till this candle it will be the best.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Cup pattern breakout with good volumeCup pattern breakout with good volume. Good volume consolidation is seen from the bottom of the cup.
HINDCOPPER SWING IDEA - LONGHindcopper is currently trading at 154.
Stock has given triangle pattern breakout and is above 20 &50 EMA's on weekly timeframe.
immediate support level is 146 followed by 138-124.
Target of 184 is expected.
do follow for regular updates.
Hindustan Copper LTDHindustan Copper is the only company which is fully integrated player. From copper mining to copper wires and ropes, it carries out the whole process. With the on set of Renewable energy and power consumption the demand for copper is going to heat up. Add before you miss the bus.
Just my personal views :)
LONG $NSE:HINDCOPPER A clear breakout with volumes on the weekly charts. The stock looks good on dips till the retest levels of 160-165 for targets of 195-215 on a positional basis with a stop loss of 145 on weekly closing basis below which it will turn weak.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Hindustan Copper: Multiyear breakout of 12 yearsHindustan Copper is attempting 12 years breakout on monthly time frame. Can be a good opportunity for long term. Keep on radar. PSU entities are getting very quick momentum also.
Metals look very strongFib Analysis- The stock has given a breakout on the monthly charts. This is again after a decade of consolidation. Hence I will term this as significant. On the daily charts the recent dip to 136 was 38.2% and was an early sign to enter. Since it has a long way to go I reckon it still is a good buy.
RSI- the oscillation of the RSI has now changed from bear to bull. It is topping above 70-75 and taking support above 40-45 . RSI above the MA crossover is very very positive.
Volume- The rise is supported with volume again positive.
MA- any dip to the two shorter MA's will be an opportunity to buy.
Conclusion- Buy at CMP187, its first good resistance is at 260 , my first target is 400.
Hindustan Copper: On verge of multiyear breakout levelsHindustan Copper is looking good on longer time frame. Stock is trading near multiyear breakout levels. Keep on radar.
HindcopperCup and Handle with Rounding Bottom Breakout.
Buy in dips till 140 with 120 Closing basis Stop Loss.
Target 230, 260 ++
Disclaimer: Only for Educational and Learning Purpose.
Hindustan Copper- C & H breakout doneThough Cup and Handle breakout done on monthly, momentum didnt kick start. Buying after weekly candle close above 183 is advisable for safe entry or else buy after retracement to the breakout zone of 175.
Target is 320
Note: This is for educational purpose only.
Hindustan Copper: Trading near multiyear breakout levelHindustan Copper (PSU entity) is showing good strength after long consolidation. Keep on radar for multiyear breakout above 190.
Hindustan Copper: Trading near multiyear BO levelHindustan Copper is looking good to breakout 11 years consolidation range. Keep on radar for breakout.
