two stocks forming a small base in an upmove.. with favourable risk rewards
HINDCOPPER AND MCX
Target 124
SL 112
Volumes higher as there is now interest in metals sector.. check CNX Metals chart as well. Buying has occured with volume to serve as support @112
Tremendous strength in MCX over the last couple sessions.. buying with volumes...
Supply zone around 1680 region.. has taken resistance 3x around these levels.. but a small positive base is forming and it looks like a good positional trade
Look out for a close near/above this resistance
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