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Technicals for Hindustan Copper Limited
By MusingTheNews
2025-04-25 20:37
Overall Technical outlook
Price Summary
Hindustan Copper Limited had a mediocre day at the stock market, and its shares declined -5.04%. Hindustan Copper Limited's stock began trading at 224.8 on 2025-04-25, soared to 226.0, dipped to 212.21, and finished the day -5.04% down at 213.48, with 5780955 shares exchanged. The stock reached its highest price of 399.15 and lowest price of 188.0 over the last 52 weeks.
Technicals
Support and Resistance: The price of 213.48 is supported at 203.4 and faces resistance at 219.35. This range suggests key levels for HINDCOPPER where the price may stabilize, with 203.4 acting as a support and 219.35 as a cap on gains. 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 current state of the BOLL BANDS is neutral for HINDCOPPER, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Hindustan Copper Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Hindustan Copper Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Hindustan Copper Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for HINDCOPPER. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted. 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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