Hindcopper -- Can face selling pressure from 122-125 zone. Bull are weak and Previous bottoms 135-136 major hurdle. Not Crossing 125/135 can take stock to lower levels
#Hindcopper https://t.co/KMpDhWTc53
#hindcopper
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) August 29, 2021
1. Given sell at 170-175 zone when it made a distribution pattern for targets 120 and 95
2. Stock is heading towards 90-95 and wont be suprised to see 75-80 levels in panic
3. Stock is clearly in down trend and till we see a turn around I would like to wait and watch pic.twitter.com/IfGNEwcPD9
More from Shivaji Vitthalrao🇮🇳
105 is key, Bulls might defend for the time being. Once they fail during any downtrend Boy Bulls will be in serious trouble.
First targets 90-95 and worst case 65-70 (This i wil review later) https://t.co/RYaMwRQb7e
Angle 2 -- On Log scale its end of this upmove from March 2020.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) August 24, 2021
No major support until 90-92.
Conclusion - any rise to 123-128 is a sell opportunity
Bullish only above 145. Personally not bulish.
Potential taregts on downside are 105-90#SAIL pic.twitter.com/yZv2WXwIMU
Below 336 I see 275 in few months as long as its trading below 388 on closing basis CMP 351. https://t.co/iMRpbTfOpU
Your analysis and sl saved my time and some bucks otherwise I would've lost much bigger amount,
— lavish gadia (@gadia_lavish) August 10, 2021
Can you share your views on praj industry @shivaji_1983
More from Hindcopper
Copper break below 4.43 qualify as bearish Flag and pole
HINDCOPPER break below 157 qualify as bearish Flag n pole.
Impact copper can test 4.28-4.20
HINDCOPPER can test 150-141 as per pattern targets.
165-166 Lakshman Rekha.
Quiz - Hindcopper
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) June 9, 2021
What pattern do you see?
whats the confirmation level and impact ?
Both are interlinked. https://t.co/0gVaRXd4pS pic.twitter.com/Bbs1rdaOWf
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