HINDCOPPER - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 4.5

📊 Analysis: Hindustan Copper is trading near its 52-week high (390 ₹), showing strong bullish momentum. RSI at 66.4 indicates strength but nearing overbought territory. MACD at 12.1 confirms positive momentum. Current volume (3,07,17,611) is significantly higher than average weekly volume (1,66,24,638), suggesting strong intraday participation. Trading well above both 50 DMA (340 ₹) and 200 DMA (293 ₹), confirming trend strength.

💡 Optimal Buy Price: Around 382–387 ₹ (near current price with strong volume support).

🎯 Profit-Taking Exit Levels: 390 ₹ (immediate resistance), 398–405 ₹ (extended intraday resistance zone).

🛡️ Stop-Loss / Loss Protection: 375 ₹ (below short-term support).

⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 387 ₹ with weakening volume or if RSI crosses 70 (overbought). Momentum exit can be targeted near 390–398 ₹ if volume remains strong and MACD continues positive.

✅ Positive

• 📈 Strong ROCE (23.8%) and ROE (18.7%)
• 💰 Low debt-to-equity (0.05), ensuring financial stability
• 📊 Quarterly PAT growth (186 Cr. vs 134 Cr.)
• 📈 Quarterly profit variation at 83.0%, showing strong earnings momentum
• 🏦 FII holdings increased (+1.34%), showing foreign investor confidence

⚠️ Limitation

• 📉 High P/E (65.3), equal to industry PE, indicating premium valuation
• 📊 PEG ratio of 8.71 suggests overvaluation relative to growth
• 📉 Dividend yield at 0.38% is modest
• 📊 RSI nearing overbought zone, limiting upside

🚨 Company Negative News

• 📉 DII holdings reduced (-2.24%), showing domestic investor caution

🌟 Company Positive News

• 📈 Strong quarterly earnings growth and profit variation
• 📊 Positioned well in copper sector with global demand tailwinds
• 📈 52-week index return of 98.8% highlights strong sector momentum

🏭 Industry

• 📊 Industry PE at 65.3, Hindustan Copper trades in line with sector valuation
• ⚡ Metals sector benefiting from global commodity demand recovery
• 📈 Sector resilience reflected in strong 52-week performance

📌 Conclusion

Hindustan Copper shows strong intraday potential with high volume, positive MACD, and bullish RSI. Traders can look for entries near 382–387 ₹ with exits around 390–398 ₹. A tight stop-loss at 375 ₹ is recommended to protect against downside risk. While fundamentals are supportive, caution is advised as RSI approaches overbought levels.

Would you like me to extend this into a peer benchmarking overlay against other metal sector stocks (like Hindalco, NMDC, and Vedanta) to compare intraday strength, or keep the focus only on Hindustan Copper’s standalone setup?