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Priyam Mehta

21st Aug · SEBI-Registered Analyst

Hindustan Copper Limited Positional Trading Key Levels

!HINDSUTAN COPPER Hindustan Copper Limited Positional Trading Key Levels Hindustan Copper Limited [$HINDCOPPER][SHARE PRICE URL] – Positional Important Levels: * Support: ₹400 – ₹390 * Resistance: ₹440 – ₹450 * Structure: Bullish * Business: Copper exploration, mining, beneficiation and refining * Key driver: Copper prices, production volumes and mine expansion * Growth visibility: Expansion of mining capacity and higher copper production * Industry outlook: Rising copper demand from power, infrastructure, renewable energy and electric vehicles * Operational focus: Increasing mine production and improving resource utilisation * Earnings: Copper prices and production volumes remain key earnings drivers * Future growth: Mine expansion, deeper mining and increased production capacity * Commodity sensitivity: Profitability remains closely linked to international copper prices * Strategic position: One of India’s key copper mining companies * Key risk: Copper price correction and delays in capacity expansion * Valuation sensitivity: Higher copper prices can support earnings expectations, while a sustained commodity correction can pressure valuations Technical View: * ₹390 – ₹400 remains the key support zone * ₹440 – ₹450 is the immediate resistance zone * A sustained move above ₹450 can strengthen the bullish setup * A break below ₹390 can weaken the positional structure Verdict: * Bullish above ₹400 * Breakout confirmation above ₹450 * Positional setup remains favourable while the stock holds the ₹390 – ₹400 support zone #StockInNews

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