Hindustan CopperVery strong support in between 104-114.
One can add near support with SL 94
It may not break 200 day MA on weekly closing basis
HINDCOPPER trade ideas
W pattern Formation of W pattern on Daily time frame
CmP 139 on 13 jan 22
Target 157
*for education purpose only
HINDCOPPER ::: BULLISH :::DATE: 04 JAN 2022
INSTRUMENT: HINDCOPPER
TREND: BUY
TYPE: POSITIONAL.
TIME FRAME: WEEK
CMP: 133.05
BUY ABOVE: 132.95
STOP LOSS: 129
TGT 01: 143
TGT 02: 150
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
HINDUSTAN COPPER (LONG)HINDUSTAN COPPER took support at 200 EMA and maintaining above it.
good volume seen in this.
BUY near 113 to 118
SL 107
TGT 136 - 159 - 172 - 184
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
AnalysisHind copper Right shoulder base ready || it's time to avg or ride 10 points .. trade as per your caliber
Hindustan Copper available at 45% discount from 52 week highHi All,
As we can see from chart, we have couple of reasons to accumulate this stock.
Trend line support
Fibonacci support
Trading Above 50 and 200 day moving average
Increase in volume
RSI is showing strength
Ready for breakout
Positive news - Vedanta plans to buy stake in Hindustan Copper
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Hindcopper 1D timeframe 40 % returns opportunity going long1.Weekly time frame major support at 50 % fibnocci level
2. Double bottom(DB) at that level in 1D time frame it has been breached V
3. Major trendline was broken
4. If price comes back to give a retracement at golden ratio of fib 1.618
5. We may go long with agressive limit order at 130.5 which would give a 2618 tradding oppurtunity
6. Target may go at retest of highs
7. Stop loss 1 ATR below the DB around 101 and target at highs of 187
8. Risk reward is almost 1:2 with 40 % returns
All the good luck...
Multiyear breakout, pullbackAs mentioned Hind copper BO'd sometime ago, pulled back and now is moving up again, but more interestingly the volumes at which it has been trading in last few months is HIGH...which is a good sign...it has still got steam and one can expect more upside. targets marked...mind you the stock has fallen from its highs of 600+.. This is an idea, not a recommendation to buy or sell.
Hind Copper- Swing OpportunityA good Swing Trading Opporunity
Trying to catch the reversal
Everything explained in video
(Only for educational purposes, not a trading advice. I am not a Sebi registered analyst)
HINDCOPPER wave 3 started 0.618 retracementbullish divergence within wave2
retracement till 0.5
possible reversal with targets of 1 & 1.618
Investment Opportunity In HINDCOPPERInvestment Opportunity In HINDCOPPER with very good potential target.
Triangle Pattern BreakoutBreaking out the triangle with good volumes and relative strength is positive too.
Hindcoper Hindcoper breakout near 115 and good move 115 to 180 again come near 115 and retest breakout range now trade at 124 sharply upmove possible in coming days target 150 160 180+++ sl 110 Closing basis
Analysis according monthly chart (horizontal lines touch and bounce)
HINDCOPPER- 6 years BO + retestEnter on retest - 135
Stop loss- close below 109
Target- 657
Risk:Reward - 1:16
HINDUSTON COPPER EQUITY levels ...27/07/2021 (D candle) HINDUSTON COPPER EQUITY levels ...27/07/2021 (D candle)
