Hindustan Copper20% Correction From Recent High, With Copper Future In Bullish Trend This Stock Can Change Its Movement From 50DMA, SL 150 And Next Support Would Be 130.
HINDCOPPER trade ideas
In channelThere is a immediate resistance, if cross above, high probability stock will continue upward journey...
HIND CopperOn weekly chart it has taken support on exact 21 EMA Line.
now is it ready for a turn?
What do you think?
Hindustan copper longHey guys, just like the previous trade, hindustan copper has again come near to its trendline , Buying can be initiated (if a reversal sign is seen) at 151 levels. Target can be of 5-8% {Short term}
Hindcopper 214 falling wedge shall ensure a conservative target of 214 in short term. a close above 153 needed for the upmove. trigger is close above 161
HindCopper DailySeems to be good support at current levels.
Fib support. Trendline Support.
Hoping for close above 145.
Follow for more.
Hindcopper: Commodity Supercycle?Hindcopper completed its abcde of Elliots, ready to pull back. The idea can seem a tough thing to happen but this what it is.
T1: 172
T2: 200
Hindustan copperStock is moving in a range , can buy on support levels for a handsome gain in short-medium term
On way to falling wedge formation.While on its way to falling wedge formation the support line has been encountered. We will see today if this is the end of downward trend. If it is so, 156 will be held.
Buy HINDCOPPERAccording to chart anylasis chart making symatrical traiangle pattern so we can buy between 163 to 167 then immediately target 200.
Hindustan Copper. Some interesting upcomingIndian Government policies that will increase demand for Copper
1) Make in India
2) 100 smart cities
3) Metro and Railway Projects
4) Aatmanirbhar Bharat in Defence
5) 450 GW target for renewable energy by 2030
5) PLI schemes for the consumer electronic industry
6) Accelerated growth for electric vehicles
Expansion Strategy Of Hindustan Copper Limited
1) Expansion of existing mines, Malanjkhand, Khetri & Kolihan, Surda: from 3.71 MTPA to 8.2 MTPA
2) Re-opening of closed mines: Rakha, Kendadih 1.9 MTPA.
3) New mines and greenfield exploration: Awarded RP-Balaghat. New mines – Banwas and Chapri Sidheshwar and applied for area reservation in other places. 0.26 MTPA to 2.1 MTPA.
4) Exploration to establish depth and strike continuity of ore body.
5) Sustainable Development: Utilization of waste rocks.
6) Niche Product Segment: manufacturing value-added products.
hindcopper longgo long on hindcopper for immediate target of 180
reason for selection
1.rsi divergence
2.50 percent fib retracement
3.bullish harami reversal pattern wih volume
gd luck ....take position accoding to your risk
On the verge of Breakout ✌✌This scrip starts swing trade and expected it moves further. So traders keep on your radar to catch the momentum.
HINDCOPPER AMAZING SETUPHINDCOPPER HAS CLOSED ABOVE ITS RESISTANCE OF 165
A STRONG CLOSING ON FRIDAY GIVES MORE CONVICTION TO GO LONG IN THIS SCRIP
AN ENTRY AT THIS WILL GIVE US THE PERFECT RISK REWARD
BUY RIGHT AND SIT TIGHT
SL WOULD BE THE RECENT SWING LOW
