NSE: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...
GPW:JSW WHY JSW LOOKS GOOD ? Lets understand. JW Steel became India's second largest private sector steel company. The company aims to expand its crude steel capacity from 18 MnTPA in FY20 to 45 MnTPA within the next decade. The company is the owner of single largest steel plant in India with a capacity of 12 MnTPA. Now looking at the technicals, couple of...
While hovering in resistance area it gave confirmation by bearish engulfing candle that too after a fake breakout, sellers dominated and pulled the prices down. Also spotted RSI bearish divergence which makes this setup look promising. Looking at charts 2780 seems good SL and target should be around 2570 with 1.67 risk reward ratio which is great, you can trail...
NSE:BATAINDIA A very good setup spotted in BATA, 1660-1700 seems good zone either for breakdown or breakout. As you can see in charts before pandemic, around January 2020 stock was trading at ATH and 1660-1700 range acted as good support. But after the fall in March 2020, stock tried to break this levels (In Jan 2021 and Jun 2021) but didn't succeed. Finally in...
Beautiful flag pattern by this stock looking great to buy and continue uptrend. Already broke previous resistance at 516 incase you missed, you can definitely look up to it. Looking at the volumes which is increasing also results of financial companies and insurance comp are near, which are expected to break record high, this looks good opportunity. SL can be...