HIND COPPER - MASSIVE RESISTANCE AHEAD after MASSIVE RALLY
Gap of Rs40/- (162-202) on Weekly Charts formed in 2012.
This gap needs to be filled with massive buying volume for Hind Copper to move ahead.
Retracement to 150/148 imminent. (Fibonnaci 61.8%)
Resistance Zone
Zone 1: 175-178
Zone 2: 202-204
Targets : 220 - 273
SL - 130
Golden Crossover few week back.
RSI - Weekly & Monthly above 70 shows the strength of momentum.
Charts for educational purpose
This gap needs to be filled with massive buying volume for Hind Copper to move ahead.
Retracement to 150/148 imminent. (Fibonnaci 61.8%)
Resistance Zone
Zone 1: 175-178
Zone 2: 202-204
Targets : 220 - 273
SL - 130
Golden Crossover few week back.
RSI - Weekly & Monthly above 70 shows the strength of momentum.
Charts for educational purpose
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