HAPPSTMNDS
Stock -> Happiest Minds
TimeFrame -> Weekly
Hello all!
Happiest minds has been consolidating in a flag since July 2021. It finally gave a high volume breakout this week and I believe this makes for a good opportunity to go long!
There are multiple indications that further strengthen my conviction on going long:
-Support from 50-week EMA
-Support from both 200 and 50-day EMA
-Strong bounceback from Golden Fib Zone(50%-61.8%)
Risk Reward ratio also looks decent for going long
*NOT A CALL*
#nifty #happiestminds #technicalanalysis #flagandpole #stocks #trading