{LONGTERMINVESTORS} Fwd: Hind. Copper

Hind. Copper  CMP 61.9  FV 5

As expected it never came near 55.

For last complete month accumulation happened 

near monthly short term EMA ( 59 ).

In last week it went to high of 62.1 with almost 

double the volume that of previous week 

& breached the previous week's high of 60.95.

Weekly medium term EMA is above long term EMA.

Short term EMA is taking support on medium term 

EMA from above & now going up ward again.

Bullish implication.

One can start accumulation for the given target ie 125.

The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 14 October 2016 at 20:45
Subject: Hind. Copper
To: longterminvestorsresearch@googlegroups.com

Hind. Copper  CMP 58.35  FV 5

In last quarter it has given BUY signal on quarterly chart by going to 73.8.

Now it is giving retracement.

Expected to bottom out near 55.7.

Chance to enter as next resistance on quarterly chart is at 125.

Wait for the update.

The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

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