Fundamentally good stock
.
.
Entry: 930/ 955
target: 1000-1100-1275-1550
sl: 890
major stoploss/ support: 750
.
'
;good for long term investment.
'
'
refer my old idea attached bellow
stay for update
reset chart for clear view.
Happiest Minds has corrected much and taken support at 0.618% Fibo retracement. Cmp 850 would be a good opportunity for long term investment. For swing opportunity Considerable stop loss would be @ 750 for short term target 1010.
Add this to your watchlist wait for conformation
fundamentally good stock
.
.
.
.
Once it reaches : 1100
then it come for retracement upto: 990
after retracement it again comes to : 1050
that is what entry point is,.
'
;
'
'
stay for update
Go Long above 873.9 for Targets of 1032, and 1137.4 with SL 821.2
Reasons to go Long :
1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support around the 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Harami (marked with orange...
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...
HAPPSTMNDS inside symmetrical triangle today it has close above recent resistance with good volume can buy above 925 with sl of 816
for target of 997 , 1113, 1344, 1502 for mid to long term swing
HAPPSTMNDS:- The stock has broken its lower high lower low pattern and may have also broken the trendline and also given a breakout of the trendline. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like...
1. Triangle pattern
2. False breakdown
3. Break of resistance trend line
4. High probability to reverse considering the false breakdown
5. IT sector to show reversal
6. Extra ordinary Risk to reward trade
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.
Neat Clean Breakout seen in Happiest Minds Technologies.
There are strong chance for reversal and the risk reward is very much favorable.
The long position can be initiate here. As the IT is under performing sector and now the same will be reverse.\
There is no any trade recommendation , this is only for educational purpose.
Regards
Ashish Gupta
9560055988
CMP 880
Weekly chart
1) has got W pattern
2) with v pattern in first leg of W
Daily chart
1) double bottom
2) 12candles motherbar
3) above 50 moving average
4) postive divergence
5) bullish jackpot pattern
6) multiple v pattern
support 825-800
can come near 860 too
resistance 1050+
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
