Hindustan Copper - Is it Really Copper or is it Gold ???

1 Apr 2024

Multi-Timeframe Analysis on Hindustan Copper

1. Short Term View: Daily
   Double Bottom BO done @ Daily timeframe for Target of 350. Just needs to sustain above 290 WCB. On the way, watchout for immediate resistances at 302, 310, 330
   
   
2. Medium Term View: Weekly
   Flag Pattern BO confirmed on Weekly timeframe. At the same time, it is facing resistance from previous High of 302. Sustaining above 303 WCB will take the price to 390
   
   
3. Long Term View: Monthly / 3Months
   Its an amazing Multi-year Inverted Head & Shoulder pattern BO on Monthly / 3 Months scale. 14 years BO since 2010. Target 615 perfectly intact
   

Enjoy the Multi-bagger ride of Hindustan Copper....

Disclaimer:

3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...

We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to 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 irrespective of its Side"
*** Important *** 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

9 Apr 2024

Dagangan aktif

The 1st 2 targets given has been breached so easily (330, 350)

Price gearing up for 3rd Target of 388-390 and further to that long term target of 600++