HINDUSTAN COPPER - Cup and Handle

Long

HINDUSTAN COPPER (NSE:HINDCOPPER)

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NSE:HINDCOPPER HINDUSTAN COPPER

trendanalysis chartpattern indicator hindustancopper breakouttrading technicalanalysis

Simple Price Action Analysis. Breakout from Cup and Handle will take the price higher.

Commentaire:

2 big red candles but the volumes have been low. So far we can assume it to be just a retest and a recovery should clear the doubts of any trend reversal. However now it is the time to be a little cautious as well with stop loss.

Commentaire:

Retest and Recovery confirmed.

Commentaire:

Be a little cautious. Trail the stoploss

Transaction en cours:

Seems to be back on track.

Commentaire:

Resistance at 184.5

Trade fermée: ordre d’arrêt atteint

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

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