๐ Script: HINDCOPPER (HINDUSTAN COPPER LIMITED) ๐ Nifty50 Stock: NO ๐ Sectoral Index: NIFTY METAL ๐ Sector: Commodities Metals & Mining ๐ Industry: Non - Ferrous Metals Copper
Time Frame - Daily
Script is forming Double Bottom Pattern as shown in a chart.
Key highlights: ๐กโก
๐ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. ๐ MACD is giving crossover. ๐ Double Moving Averages also giving crossover. ๐ Volume is increasing along with price which is volume breakout. ๐ Script may give breakout of Double Bottom Pattern. ๐ Current RSI is around 65. ๐ One can go for Swing Trade ONLY ABOVE 125.
BUY ONLY ABOVE 125
โฑ๏ธ C.M.P ๐๐ฐ- 123.40
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ ๏ธ Purely technical based pick.
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Disclaimer:I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.