Simple Price action and chart analysis, the price action entered a cup and handle from a bullish flag, forming a bullish flag last week. Today's gap was prominent resulting in a good break. MACD is indicating bullish ahead. Trade wisely...
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Today the market opened weak due to the global weakness over inflation. But towards the closing Hindcopper has shown a progressive movement, hopefully, it moves up or tomorrow.
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It will be testing its support at 170 level. wait for it to sustain then enter. If you have already entered move out if the support is broken.