HINDCOPPER trade ideas
Hindustan Copper : A Good Positional Pick ... {Bullish}To All Members : Buy Hindustan Copper at Current Price ... Levels are mentioned over the chart ... Good Luck !!!
HIND CopperAccumulate in range 89-93
Targets
97
100
105
111
SL below 87 CBSL
for educational purpose only, Not responsible for any loss
Positional Long | SL 60| Tgt 90Big hands accumulating & respecting 50 Wk EMA. Overall bottoming out process visible, can initiate positional longs
HindCopper- Let us be careful due to pricerejection at 74 HandleHindCopper got rejected from the zone 73-74 & the fall was sharp- so any move below 65 & sustains- shall activate next tranche of fall. Rising Trendline later could activate further fall in HindCopper.
Regards,
Abhishek H.Singh, CMT
HindCopper- Above 200 EMA -looks a good candidate for upsideAbove 200 EMA- HindCopper will set up the stage & going beyond 125- Double bottom is in place- giving us a target equal to 125-42 = 83 - Above 125 mark- so ideally it should go in the zone 200-210 above 125.
HINDCOPPER to FALL - RESULTS COMING UPI'm of the opinion that HINDCOPPER will fall after their results are released.
As long as it stays below 65
SL = 70 ******************************************
