HINDUSTAN COPPER LTD - Keep an Eye + Double Bottom Pattern

๐Ÿ“Š Script: HINDCOPPER (HINDUSTAN COPPER LIMITED)
๐Ÿ“Š Nifty50 Stock: NO
๐Ÿ“Š Sectoral Index: NIFTY METAL
๐Ÿ“Š Sector: Commodities Metals & Mining
๐Ÿ“Š Industry: Non - Ferrous Metals Copper

Time Frame - Daily
snapshot

Script is forming Double Bottom Pattern as shown in a chart.

Key highlights: ๐Ÿ’กโšก

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ MACD is giving crossover.
๐Ÿ“ˆ Double Moving Averages also giving crossover.
๐Ÿ“ˆ Volume is increasing along with price which is volume breakout.
๐Ÿ“ˆ Script may give breakout of Double Bottom Pattern.
๐Ÿ“ˆ Current RSI is around 65.
๐Ÿ“ˆ One can go for Swing Trade ONLY ABOVE 125.

BUY ONLY ABOVE 125

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 123.40

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

โš ๏ธ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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