Hindustan Copper - Is it Really Copper or is it Gold ???For the past couple of Weeks - Gold is falling in the International Market. We all know that Commercial 22k Gold needs Copper to make it stronger, but here we are seeing Copper Turning Gold by itself...
Hindustan Copper is all set to rewrite history...
Technical Analysis:
Weekly: Beautiful Cup & Handle BO completed on Weekly with targets of 320, 370
Monthly: On Monthly scale though - the match is yet to begin. Once 320 is reached, at a monthly level it would trigger a huge Rounding Bottom Pattern with a much larger target of 615
Another multi-bagger stock. With the BO of Nifty Metal Index - many metal stocks are taking cue and joining the rally.
Make Hay While the Sun Shines....Make Money when the Metals are Hot :)
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
