HINDUSTAN COPPER LTD
Long

Possible Elliot Wave Count - Hindustan Copper

213
Hindustan Copper has completed waves 1-3 and currently in wave 4 so accumulate anywhere between 97-89 with stop loss 73 for targets 116-140. There is a possibility that the move from 40 odd levels could be wave 1 of a new impulse or it could be wave C in an ir-regular correction. Either way minimum Hind copper has to make one more high above 110 to complete the 5 wave structure so good stock to buy on dips for minimum target of 116 which could extend much higher as well.

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