HindCopper presents compelling buy opportunity with price bouncing off 200-DMA ₹220 support, forming bullish hammer with volume spike confirming demand. RSI(14) oversold at 35 shows bullish divergence, MACD histogram flipping positive above signal line. Breakout above ₹235 (20-SMA) targets ₹260 prior highs; ideal entry ₹225-228 SL ₹218 for 3R reward-risk.
Warning-
Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.