HINDUSTAN COPPER

A possible view for HINDCOPPER in short term. The script is forming an inverted H&S pattern on daily timeframe. The script seems to be in wave iii of wave 1 or larger wave 5 (on weekly timeframe). But for the purpose of this post, from a FIB perspective, we have completed wave 1 and wave 2 (at 0.618) retracement and are now advancing in wave 3 with an immediate target of 370.

Watching closely!
Chart PatternsTrend AnalysisWave Analysis

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