HAPPSTMNDS trade ideas
Happiest Minds (HAPPSTMNDS) Coming Back To The Demand ZoneDue to one sided upside, the stock is now correcting. 754 was a good support but couldn't sustain.
Once it comes back to the demand zone (near 640-670), it will fly again.
Happiest Mind Elliot Wave 5 Impulsive waves done?According to Elliott Wave principle, the 5 impulsive waves are followed by 3 corrective waves.
Is the party over for Happiest Minds ?
Let me know your views.
Cup and Handle BO Happiest MindsGlad that Cup n Handle of Happiest Minds almost reached 5 times target.
Published first on Feb 14, 2021
Happiest Minds Tech (HAPPSTMNDS) - Good to buy Breakout , only suggestion. Please do your own analysis before buying
breakout stockhappiest mind
First a flag pattern breakout on the weekly charts now a resistance breakout on it's 52 week high with strong volumes .
Recommend to go long with a SL of 675
Target1-720
Target2- 735
Target3-750
Happiest Mind - KEEP Watch for Triangle BreakoutHigh possibility of Stock going on Higher Side, looking at the IT sector going on upside, as well as better results expected from this gem.
Target and SL mentioned in Chart
Only for Educational Purpose
Happiest Minds Tech (HAPPSTMNDS) - Good to buy and accumulate Happiest Minds Technology
Its in buy zone. It is good stock to invest for long term investment. It may take support at 617 range.
For the short term, the up side can gear up to reach the targets of 694, 720
**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock.
Happiest Minds: Ready to break again Symmetrical triangle formation.
Can lead to 680 and upper levels.
Levels are mentioned on the chart.
DISC: please consult your financial advisor before making any bet.
Expect a Break-out!Happiest Minds have formed a nice inside bar candle pattern with a trendline support!
Also, volumes are dried up which signifies that demand & supply is exhausted.
Multiple upper shadows are at 659 level. Thus, the Breakout level is 659.
Expect 695 as the first target.
HAPPIEST MINDS !!! POSITIONAL IDEAPlease see the level of consolidation goin on after a huge rally..
i think IT sector in momentum and if happiest Minds Break this consolidation level.. can give 10-20% move easily..
Sl is very small only 30Rs.
""Classic example of Breakout with Volume"[HAPPSTMNDS]''Happstmnds Recent IPO"
After very good IPO listing
Stock was in consolidation after Steller listing
was not able to break first day high for quit few times
1. Try to break in first attempt(shown in candle '1')
good volumes seen but candle was weak onw
But BO of this candle not happened
2. Again try to BO (shown in candle '2')
good volumes with very strong candle
after forming candle '2'
stock went to consolidation with decreasing volumes
BO of candle '2' happened with strong candle and good volume
then very good move seen
this is live example of breakout with volume
HappiestMindsAfter a huge rally can see a clear divergence in RSI and MACD, Price can correct till the mentioned levels in the chart.
Long if connect to double bottom lineHappiest minds seen its momentum Phase, after start move if it corrects to double bottom line, it’s good to go long on the back of high growth in eps in the home quarter
