[Positional] HAPPIESTMIND LONG IDEAHappiest Mind has formed nice cup and handle pattern. It hasnt broken out of the pattern yet - but expected to break in next few sessions. One can enter a LONG trade in stock in HAPPIESTMIND.
Entry- 1010 (on closing basis on daily candle) . Entry will be good at this point as 1000 is nice round figure psychological support.
SL 967
Target:- 929
Target:- 1221
The target is expected in 3-4 months time frame.
Happiestmind
Happiest Minds - Multibagger stocks BreakoutHappiest Minds is one of the fundamentally strong multi-bagger stocks, which has corrected nearly 50% from its all-time high of 1581. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc.
Currently, it is trading at an attractive price. All possible targets are mentioned on the stock.
If everything remains the same, it may go till 2000 in a couple of years also. It is about to break out from its downtrend. keep this stock under your radar. Any price between 900-940 is a good price to enter.
This is not a trade recommendation. Do your own analysis before investing.
Please share your views on this stock in the comment.
DAILY SWING CALL // 06th of April 2022 // NSE: HAPPSTMNDSDAILY SWING CALL // Wednesday 06th of April 2022 // NSE:HAPPSTMNDS
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 1137
TARGET: 1307+ (15% Around)
STOP LOSS: 1023 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
HappiestMinds: Invereted H&S PatternStock has formed an inverted H&S Pattern.
1340-1350 Zone is acting as a neck line which is yet to be broken on DTF. Once that is done then a fresh entry can be initiated for a target of atleast 1500 keeping SL below right shoulder at 1270 on closing basis.
DISC: For educational purposes only.
HAPPIEST MINDS TECHNOLOGIESHappiest Minds Technologies, THE MID CAP IT GIANT which a leading digital transformation technology provider is finally out from the trade to trade segment, the stock has seen a reasonable correction from its highs with improving fundamentals.the volumes are squeezed shows the TTM SQUEEZE ,the stock has formed a triple bottom like structure which is a bullish setup, previous times the stock was reversing from 1350 round levels but this time it has formed a swing near the supply zone which adds a feather to our chart and the swing low would be an ideal SL for the positional traders ,the only wait is for the volumes to return ,once the volumes return the stock can see a 90 degree momentum and the targets could be the ATH
HAPPIEST MINDSNote:
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 opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Impluse - Consolidation - Impulse Pattern The chart is self explanatory.
Happiest Minds consolidates for a few days while taking support at EMA 20, and then rides the Impulse increase in share price.
Then it considates again, and repeats the pattern.
This time it has been consolidating for weeks and has been making Higher Highs and Higher Lows,
a breakout above the pattern will bolster conviction for upside movement.
This is not financial advice. To be used only for Educational Purposes
Happiest Minds Technology LTD. analysis. Bull flag forming.There is a bull flag formation in the charts, if we confirm support in upper white line in any 1/2/4 hour TF then we can think of a long till the price target mentioned in the chart. As of now the chart seems neutral will update the chart in coming days. To remain updated do like the chart and give a follow