HINDCOPPERbelow 129 can test 121 for one last time to complete retest of BO line. above 129 target 163.
strong momentum can happen above 159 for target 245+.
HINDCOPPER trade ideas
HIndcopper AnalysisHINDUSTAN COPPER has a beta of 1.22, NIfty on the weekly chart has created bearish Dark cloud cover.
HINDCOPPER has given strong bullishness at 135 level, crossing the short term trendline.
Traders can look for shorting opportunities in this scrip
HAPPY TRADING, :)
HIND COPPER PRICE ACTION ANALYSISThe hind copper stock price has been falling heavily since it reached the ATH mark. However, the time has come to buy the stock based on the following reasons.
1) The demand zone is created by the ABCD pattern 2.24 and 2.414, the price bounced off this zone with huge volumes.
2) The price is near the 200EMA line, which is 117.17 currently.
3)The RSI is making the higher lows and is above 50.
4) The company's profits are increasing but the price keeps falling.
The risk-reward near this zone is attractive. We can keep a stop loss at 99. The target could be 158.
Happy trading :)
This is just for educational purposes.
Trend Reversal and Possible breakoutStock was making Lower low since the last couple of weeks now. After a good consolidation on the 200 DMA line, we see the stock making higher Low. Possibility of trend reversal also seen from RSI divergence (Stock flat but RSI rising). The volume too is rising since the last couple of sessions. Possibility of trend reversal.
Hind copperhindcopper me ek Flagon paul type se bana hua hai aaj market up kulta hai to buy jaye ge aur t1 160 banaye ge
Hindustan CopperAll My Discussion And Analysis Are For Educational Purpose And Future References. Please Kindly Ask Or Consult Your Financial Adviser Before Taking Any Investment Or Trading. Thanks //
HINDCOPPER channel BO!HINDCOPPER was trading in a channel and has given a BO with good volume!
Buy above 135
Target of 160/200
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Hindcopper 247+the target above 159 is 247 - 270 -320
support at 129. it will move fast when RSI crosses 60
Hind CopperOnce out of the box then boom boom !. International Prices are all time high as of posting this chart.
Hind copper breakoutAfter the downfall, Hind copper giving a Good Breakout with strong volume. Huge potential to move upside.
Entry 130 -133
SL below the Trendline
Target - 10-15%
HINDCOPPER Buy at BreakoutEverything is mentioned in the chart. Buy only if breakout from resistance for target mentioned in the green.
HINDCOPPER - FAILURE TEST?I don't really believe in support and resistance. Quite often you'll hear people say I should have held on to my winner or something like that. This is anecdotal evidence of the unreliability of support and resistance. Human beings are wired to see patterns on charts even when they don't exist. I would add evidence about how support and resistance are mere lines on the chart majority of the time but citing sources risks me getting banned.
One might ask why am I trading more than one pattern and why this pattern. The reasons are fairly straightforward-
1. Bull momentum seems to be fading and in a non-trending market, breakouts have a higher failure rate.
2. Buy low, sell high prevails in a non-trending market, which is more often than not, the state of the market.
Another bit of information is that we've heard not to trade against the trend. But a failure test is a very good reason to take a counter-trend trade as you might just catch the beginning of a move.
Disclaimer: Do not take positions with me without your due diligence. Investments are subject to market risk and I should not be held responsible for the losses incurred. This is meant to be a real-time trading tutorial and not investment advice.
HINDCOPPERhighest volume since feb 21. strong weekly close. on the verge of super RSI break out.
it only need to close above 21 weekly EMA next week which is around 128. copper price is also supportive.
targets are 270 - 320
Hind Copper Stock AnalysisHind copper stock analysis. Again i find it better TA setup to take a trade. Earlier videos were Siemens India, Manorg and both were successful.
HINDCOPPER READY TO GO UPBreaking out of traingle pattern in the daily and weekly time frame. Volumes are also in favour.
Hindcopper correction is overlast leg of correction is over with copper price recovering this will recover too. upward confirmation only above 129.
the more the correction the sharper will be the recovery
Hindcopper 321 soonbreak out happened at 110.5 on mcb. then again retested the same & now shall move up for next target of 321
Hindustan Copper BreakoutHindustan Copper is having a clear trend reversal breakout at 120 Levels.
CMP 124
SL 114
Target 144
Duration 1-2 Month
Elliot wave Analysis # Bullish ViewHINDUSTAN COPPER, Elliot Wave Outlook
Bullish Seqnce, Daily Chart
MarketCap: 11,546 Cr, PE: 104.52
Confirmation to Buy @ 113 to 114.5 odd levels
Invalidation level @ 109
Swing Target: 125, 132, 156
Holding period: 1 to 20 days NSE:HINDCOPPER
Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
HINDCOPPERa conservative short term target of 217 can be set. good amount of volume is required for the up move. let it cross 133 once again with volume & it can run fast vertically (of course copper price need to support). It has tendency to touch 400 in a year.
