27-03-2024 11:42 AM | Source: Religare Broking
Stock of the day : Hindustan Copper Ltd For Target Rs.300 - Religare Broking

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Hindustan Copper Ltd

* HINDCOPPER has ended its corrective phase after registering a breakout from trend continuation price pattern.

* It has formed a fresh buying pivot holding above its short term moving average offering fresh buying opportunity.

* Following price pattern and uptick in volumes, suggests price is set to challenge its previous swing high.

* We thus recommend creating fresh longs in the mentioned range.

Buy Hindustan Copper Ltd CMP 282.55 Range 281-283 SL 274; Target 300

 

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