Happy time came for long term holders of happiest minds technology those who show patience in that share time to take reward now
Technical points :-
1. STRONG double down rising channel ( sign of reversal )
2. FLAG pattern breakout after the double channel
3. H4 on stipple top breakout
4. Near supply zone
5 Trend line visible on H4 time frame
as...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
HAPPIESTMINDS consolidating for good time. It has long way to go to upper channel if it breakout.
CNXIT/NIFTY50 ratio shows IT sector is near reversal.
so need to plan it accordingly.
NSE:HAPPSTMNDS
Its trading in the channel
Taken good support from the bottom level of the channel.
Its will give confirmation only above 954
but at Current level, RRR is good
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our...
Hey Traders! Ready for a chill breakdown of Happiest Minds Technologies? Let's Start
Happiest Minds Technologies is an IT consulting and services company focusing on digital transformation, offering a range of services from digital business to security.
📊 Patterns Party on Weekly Chart
Check out the weekly chart – it's like a pattern carnival: falling...
Happiest Mind is Done almost 3 year Consoliation in form of
Bullish Pennant Pattern
it is Given Also Falling Wedge Breakout
Here R:R (Risk and Reward ratio is Also Good)
Keep eyes on this stock
CMP is 913
and Here our SL is Very Low
Hold For Big Gains
1111
1334
1537
2000+
Fundamentally good stock
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Entry: 930/ 955
target: 1000-1100-1275-1550
sl: 890
major stoploss/ support: 750
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;good for long term investment.
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refer my old idea attached bellow
stay for update
reset chart for clear view.
Add this to your watchlist wait for conformation
fundamentally good stock
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Once it reaches : 1100
then it come for retracement upto: 990
after retracement it again comes to : 1050
that is what entry point is,.
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stay for update
Happiest Minds was in correction phase for quite some time and has is almost at 60% from its ATH.
The chart is pretty straight forward . It had given a breakout from it is lower low and lower high pattern.
CMP is at almost 907 and with a SL of around 8% at 830
Target levels of 1120 , 1320 , 1520.
Risk to Reward Ratio seems to pretty good for this trade. ...
Happiest minds had given multibagger returns in 2021 and since then, it has been a correction phase in the stock.
Recently, the stock has bounced from a strong support and has given breakout from resistance trendline.
It is a good small cap IT stock with decent fundamentals looking strong for a bullish momentum.
Best buy level for the stock is around 875-880 with...
Happiest Minds Analysis 12-3-203 Buy over 903 closing for target of 1030; second target 1131
at buy good to have rate over 20 ema & 3ema cross over 21 ema on rsi.
sl on prv weekly lower break or 21ema cross over 3 ema on rsi.
Technical Analysis
A breakout occurred after a series of declines and consolidations.
The RSI is above 60, which is a sign of bullishness.
The price is trending above its 20-day moving average.
The price is still below the 200-day moving average, but we will see.
There has been an increase in volume over the last few days. which is a good sign.
The breakout...
Finally IT sector seeing a relief rally after a long time.
Levels are marked in chart (self explanatory).
DISCLAIMER : This idea is for education purpose only, before any investment please contact your certified financial advisor !
Thank you !!
NSE: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...
