HindCopper Showing Strong Momentum; Breakout Setup DevelopingDaily Timeframe Analysis – HindCopper
HindCopper is forming a broadening wedge pattern on the daily timeframe, with a key support zone around ₹300. The stock has completed its five-wave structure and is currently showing strong upward momentum.
If this momentum sustains and the price breaks above the ₹375–₹380 resistance zone, the stock could move toward the pattern target near ₹450.
Additionally, as long as the momentum support around ₹340 holds, the probability of higher levels remains strong.
Thank you.
