Hindustan Copper available at 45% discount from 52 week high
Hi All,
As we can see from chart, we have couple of reasons to accumulate this stock.
Positive news - Vedanta plans to buy stake in Hindustan Copper
If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses.
Feel free to leave any questions you have in the comments! I will gladly respond to them.
Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk.
As we can see from chart, we have couple of reasons to accumulate this stock.
- Trend line support
Fibonacci support
Trading Above 50 and 200 day moving average
Increase in volume
RSI is showing strength
Ready for breakout
Positive news - Vedanta plans to buy stake in Hindustan Copper
If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses.
Feel free to leave any questions you have in the comments! I will gladly respond to them.
Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk.
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