Stocks Recommendation : Reliance Industries Limited and Hindustan Copper Limited from Asit C. Mehta Investment Interrmediates Ltd

2025-11-23 02:45:41 pm | Source: Emkay Global Financial Services Ltd

Stocks Recommendation : Reliance Industries Limited and Hindustan Copper Limited from Asit C. Mehta Investment Interrmediates Ltd

News By Tags | #RelianceIndustriesLtd #HindustanCopperLtd #StockMarket #AsitCMehtaInvestmentInterrmediatesLTd

Reliance Industries Limited:

On the daily time frame, Reliance has witnessed a trend line breakout accompanied by healthy volumes, confirming bullish momentum. As per the breakout structure, if the stock continues to hold above the 21-DEMA support at Rs.1,495, it may extend its rally towards Rs.1,600–Rs.1,650 in the short term.

Hindustan Copper:

Hindustan Copper, on the daily chart, has given a double-top pattern breakdown with volume, indicating weakness. As long as the stock remains below Rs.322, further downside towards Rs.302–Rs.290 remains likely.

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Stocks Recommendation : Reliance Industries Limited and Hindustan Copper Limited from Asit C. Mehta Investment Interrmediates Ltd

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