HINDCOPPER - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating for HINDCOPPER: 3.5

Hindustan Copper offers a cautiously optimistic setup for intraday trading today — technically balanced but hampered slightly by valuation stretch. Here's how it shapes up

📉 Quick Technical & Fundamental Rundown

Momentum Indicators

RSI (45.6): Neutral to slightly bearish — room for upside but no clear breakout signal yet.

MACD (0.19): Slightly positive — momentum turning but weak.

Price vs Key Averages

Current Price ₹258 = DMA 50 ₹258, and above DMA 200 ₹254 → At consolidation point; could swing either direction.

Volume Profile

Current Vol (59.9L) is close to Avg Vol (64.5L) — fair intraday liquidity.

Valuation Watch

P/E 53.8 vs Industry PE 34.7, PEG 7.03: Overvalued, limits short-term upside.

Fundamentals

PAT Qtr +50.5%, ROCE 24%, ROE 18.8%, low debt: Operationally solid.

EPS ₹4.81 still modest for current price — keep expectations in check.

🔑 Intraday Trading Playbook

🔸 Fresh Entry

Optimal Buy Range: ₹255–₹258 (Enter only on volume expansion above ₹258 or bullish reversal candle near ₹255)

Profit Target: ₹264–₹268

Stop Loss: ₹252 (Protect under weekly pivot zone)

🔸 If Already Holding Today

Exit Zones

Above ₹264 with volume surge: Book partial profits.

Below ₹252 on red candles: Exit — momentum breaking down.

Trailing Stop Idea: ₹256 (Gives cushion while locking in emerging gains)

🧐 Final Take

HINDCOPPER is riding a strong earnings quarter but is slightly overheated on valuation. It’s technically hovering at a key inflection, so volume and market sentiment will drive the trade. A reactive strategy with tight stops and quick profit booking is your best bet today.

Want to build a comparative watchlist for metal stocks or track mid-session charts together? I’d be up for that.

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