Happiestmind
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...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
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...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
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
HAPPIEST MINDS going back up to 1500?HAPPSTMNDS is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback and 38% retracement. A long trade can be initiated on the daily timeframe. Only initiate the trade if price stays above the "LONG ABOVE" level for at least 15 minutes.
LONG ABOVE: 1430
STOP LOSS: 1385
TARGET 1: 1475
TARGET 2: 1520
_____________________________________________________________________________________________________________________________________________________
Plan your trade and manage risk properly.
Like and follow for more. :)
Happiest Minds Technology : Triangle PatternAs suggested in earlier analysis, the stock has broken the resistance today and closed above its resistance of ₹ 1465. Triangle pattern is showing an upward bullish trend.
Target : 1580
Stoploss: 1350
Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.