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Technicals for Hindustan Copper Limited
By MusingTheNews
2025-05-30 20:38
Overall Technical outlook
Price Summary
On 2025-05-29, HINDCOPPER's stock started at 251.0, reached a high of 256.45, fell to 247.26, and ended 0.13% higher at 251.32, with 10038293 shares traded. In the past year, the highest stock price was 370.5, and the lowest was 188.0.
Technicals
Support and Resistance: The current price sits at 251.32, supported at 247.95 and capped by resistance at 276.0. These levels define a range for HINDCOPPER where the price might stabilize, with 247.95 as a floor and 276.0 as a ceiling. Support/Resistance for HINDCOPPER
Aroon: The current reading of the AROON is neutral for HINDCOPPER, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Hindustan Copper Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Hindustan Copper Limited
Parabolic SAR: The PSAR for HINDCOPPER continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Hindustan Copper Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Hindustan Copper Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Hindustan Copper Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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