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...
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...
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.
If Slowdown in IT sector continues, Happiest Minds may go down and take support near 530-585.
Revenue Growth and OPM of Happiest Minds are continuously falling
FY22 - 41% & 24%
FY23 - 31% & 25%
FY24 - 14% & 21%
Q4(24) - 10.4% & 20%
Return on Equity
5 Years: 30%
3 Years: 26%
Last Year: 21%
If it continues like this, It may not trade on Premium...
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...
NSE:HAPPSTMNDS Happiest Minds technologies had a breakout in today's session.
The stock was under continuous downtrend and then finally in today's session it gave breakout.
The stock with projected Targets and swing is defined over the chart. A perfect candidate for swing trade
Inverse Head and Shoulders
This pattern forms after an extensive downside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bear rally in which the volumes are quite large.
At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the...
Happiest 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...
Stock 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.
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...
HAPPIEST MINDS is set to break its previous ATH and heading towards making new high. R:R the setup can be used for positional trade.
LONG @ 1538
TARGETS - 1623.80 | 1804.85 | 2045.85
SL - 1455.80
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:...
As 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.
this is a continuation to my previous HAPPSTMNDS chart.
check out how beautifully the red bar has been taken as a support now.
also 1227 has been acting as a good resistance for 2-3 sessions.
hope it helps.
![HAPPSTMNDS: [Positional] HAPPIESTMIND LONG IDEA](https://s3.tradingview.com/h/h4EWltuN_mid.png "[Positional] HAPPIESTMIND LONG IDEA")
