The short-term outlook is bullish for Hindustan Copper. The inventory has begun the week on a powerful word by surging over 11 per cent on Monday. This surge has taken the share worth very effectively above ₹290 – a key resistance degree. That retains the general uptrend intact. The extent of ₹290 will now act as a powerful resistance-turned-support degree. Intermediate dips to ₹300-290 are prone to discover recent consumers coming into the market. Hindustan Copper share worth can rise to ₹360-370 over the following few weeks.
Merchants can go lengthy now at ₹310. Accumulate on dips at ₹300. Maintain a stop-loss at ₹275 initially. Path the stop-loss as much as ₹315 as quickly because the inventory strikes as much as ₹325. Transfer the stop-loss additional as much as ₹335 when the value touches ₹345. Exit the inventory at ₹360.
(Word: The suggestions are based mostly on technical evaluation. There may be threat of loss in buying and selling.)
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