Hindustan Copper/Copper correlation - Long Trade
Copper is currently trading at multi year highs. But Hindustan copper hasnt moved up even close to the kind of move made in Hindustan Copper.
(Copper price is the yellow line, Hind Copper is the bars)
Expect a move going ahead in Hindustan Copper to match the move in copper. Hind Copper has broken out of a downward trendline. Could next be heading towards 50+
Long at Current price with a SL 5% below purchase price.
(Copper price is the yellow line, Hind Copper is the bars)
Expect a move going ahead in Hindustan Copper to match the move in copper. Hind Copper has broken out of a downward trendline. Could next be heading towards 50+
Long at Current price with a SL 5% below purchase price.
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