Stock of the day : Hindustan Copper Ltd For Target Rs. 345 - Religare Broking
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Hindustan Copper Ltd
* The stock exhibited a strong rally with huge volumes from June 2022 to May 2024.
* However, in sync with the sector's corrective phase, it retraced to the support of its previous breakout zone which coincides with 38.2% retracement level of the rally.
* It formed a sturdy base while gradually inching higher with noticeable volumes.
* The stock looks set to resume its uptrend and hence longs can be created in the mentioned range.
Buy Hindustan Copper Ltd CMP 324.10 Range 322-325 SL 315 Target 345
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SEBI Registration number is INZ000174330
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