HINDCOPPER - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.0

📈 Hindustan Copper shows decent momentum and technical strength, making it a moderately favorable intraday candidate today.

📈 Optimal Trade Setup

• Buy Price: Above 335 ₹ (confirmation of breakout above current price)
• Profit Target: 342 ₹ – 348 ₹
• Stop Loss: 325 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price dips below 325 ₹ or RSI drops below 48
• Volume Watch: Exit if volume remains below 45 lakh and price fails to sustain above 335 ₹
• Momentum Trigger: Hold if MACD continues rising and RSI crosses 55

✅ Positive

• MACD (9.05) and RSI (50.8) indicate improving momentum
• Price above both 50 DMA (313 ₹) and 200 DMA (274 ₹) — confirms bullish trend
• ROCE (23.8%) and ROE (18.7%) reflect strong operational efficiency
• FII holding increased by 1.34%, showing foreign investor confidence

⚠️ Limitation

• Volume (43.4 lakh) is below weekly average (63.4 lakh) — needs confirmation
• High P/E (65.8) and PEG (8.77) suggest expensive valuation
• EPS of ₹5.06 is modest relative to price

🚫 Company Negative News

• Quarterly PAT declined from ₹191 Cr. to ₹134 Cr.
• DII holding dropped by 2.24%, indicating reduced domestic institutional interest

📢 Company Positive News

• Quarterly profit variation of 18.4% shows resilience despite margin pressure
• 52-week performance up 81.8% — strong long-term trend

🏭 Industry

• Industry PE matches company PE at 65.8 — sector-wide valuation trend
• Metals sector remains active with global copper demand supporting price action

🧾 Conclusion

• Hindustan Copper is a moderately strong intraday candidate today with bullish technical setup
• Entry above 335 ₹ is viable with tight stop loss and volume confirmation
• Monitor RSI and MACD for continuation or early exit signals

I can also compare Hindustan Copper with NMDC or Vedanta for broader metal sector intraday opportunities.