There are 2 more days to this week but if the current trend is maintained then #HindCopper may close above 130 on Friday. Price is yet to breakout but RSI has already broken out. Let's review on weekly
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Once close above 158 more momentum. Till then ping pong to continue
Hindcopper Update 25.07.2021
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) July 25, 2021
Stock has given breakout from falling trendline with volume which is important signal.
Above 151 a good trend change signal.
Stock can do 200-212 once starts trading above 158+
SL 135. View gets negated below 135#Hindcopper #Bullish pic.twitter.com/82q9NKSqmd
#TataSteel 1483/1367 #JSWSteel 733/664 #SAIL 128/112 #Nalco 86/71 https://t.co/ENmCqITEmA
Could be time to book out of large cap IT, if #Dxy continues to correct, fund flow could again chase risky assets #Banks #metals #midnsmall caps.
— Dare2Dream (@Dare2Dr10109801) August 23, 2021
Just my observation.
Below todays lows on small cap index could be game over for now. But looks like a ABC corrective done
#Hindcopper 150/109 #Hindalco 450/399 #Vedl 307/260 #Hindustanzinc 345/293
#GPIL 1420/1084 #Sardaenergy 747 / 614 #JindalPowerSteel 428/357
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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