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Hindustan Copper Ltd

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HINDCOPPER trade ideas

BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in HINDCOPPER BUY TODAY SELL TOMORROW for 5%
NSE:HINDCOPPERLong
by Kapil-Mittal
8
Invest in PSU- HINDUSTAN COPPER LTDNSE:HINDCOPPER Incorporated in the year 1967, Hindustan Copper Limited (HCL) was formed to take over from National Mineral Development Corporation Ltd. It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products. Talking about the financials, it is supposed to give a good breakout, you can find this break on weekly as well as monthly time frame. Today (25/07/23) it has gone up by 5%. Now question stands, what to do? Scenario 1 . One can buy after analyzing his risk profile, if you are comfortable to buy on breakout; you can. Scenario 2 . Let it break and wait for the retest, nearest resistance is around 131-135, it can face resistance in that level and if it does; it will come down to 120-122 for retest, then also one can buy. Depending on your risk profile you can trade. Kindly Note :- All trades/analysis are for educational purpose.
NSE:HINDCOPPERLong
by nikhilparyani
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in HINDCOPPER BUY TODAY SELL TOMORROW for 5%
NSE:HINDCOPPERLong
by Kapil-Mittal
10