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HINDUSTAN COPPER LTDHINDUSTAN COPPER LTDHINDUSTAN COPPER LTD

HINDUSTAN COPPER LTD

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HINDCOPPER trade ideas

HindCopper rally explained. Should you invest? If you look at the chart of HindCopper and other listed copper companies they look like they are on steroids. Growing Demand for copper why? As every one want to develop and push electric cars onto the roads, it requires 40 kg of copper for HEV, 60 kg of copper for PHEV etc.., electric vehicles need more copper than normal combustion engine. demand for copper is assumed to grow exponentially. copper prices are on rise why ? Imagine there is only 200kg of copper on this planet earth. But we need 400kg, then it is called copper "SQUEZZE". why there is copper squeeze you may ask, because countries wanted to self-reliant, so to be self-reliant they need to build infrastructure build and manufacture need machines, manufacturing units etc.., to do this you need copper. Above I explained only use in electric vehicles, but we need copper in every electric component, like electric vehicle charges, batteries, solar energy generators, now the latest trend to generate energy from renewable energy source we need hell lot of electric equipments for that they need copper. on top of it copper is good conductor of electricity and cheaper but anyways now it is becoming costlier. So should you invest in copper companies.? well I can't answer that but please think in multidimensional way like what is the future and what is available what is needed. they you can decide whether to invest or not. You can select top copper companies in India, like the leader in copper industry. I wanted to share the information with you because if found it interesting. Hope you find the information useful. last but not least, disclaimer: I invested in hind copper,In no way I'm recommending you to invest in this stock. please do due research and then take decision. if you closely look at hind-copper chart the volume and price is increasing meaning smart money already entered. If you enter hind copper always keep an eye on the company and copper dynamics.
NSE:HINDCOPPERLong
by ChandraVamshi
Flag BO in HINDCOPPER.Disclaimer :- This is not any buy or sell recommendation. It is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing. Thank you ! There is a Flag breakout generated in HINDCOPPER on weekly chart with Bullish katana candle in this week. and if you check the daily chart then you will see the cup and handle breakout also. There is also a gap of 212 from November 2012. So, may be this time it will be fill this gap. 150 is the support level which is low of this week. and upper levels are 185-200-213-230. Thank you !!😊
NSE:HINDCOPPERLong
by KetanPandit