radha_23

HINDUSTAN COPPER LTD - Keep an Eye + Double Bottom Pattern

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

Time Frame - Daily

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

Key highlights: πŸ’‘βš‘

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

BUY ONLY ABOVE 125

⏱️ C.M.P πŸ“‘πŸ’°- 123.40

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ 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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