HAPPIEST MINDS - SHORT TERM TRADE - 14th January #stocksHAPPIEST MINDS (1W TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Upper Trendline Resistance Breakout - Done ✓
- Retest & Consolidation - Done ✓
- Pullback Candle - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #happiestminds
HAPPSTMNDS trade ideas
HAPPIESTMINDS looks good for swing tradeHappiest Minds, after a substantial bullish surge, experienced a significant downtrend. However, there are promising signs indicating a potential reversal in this downward trend. The stock's current market dynamics suggest favorable conditions for a swing trade opportunity. Traders may find it worthwhile to explore the potential for a rebound in Happiest Minds, leveraging the recent shift in market sentiment.
LONG-TERM INVESTMENT OPPORTUNITYHAPPIEST MINDS TECHNO LTD.
Hello traders!
key points:
🎯It appears that a Triple Bottom has formed, the stock has made a lower low, and now the
price is ready to move higher.
🎯The price seems to be getting support on the weekly chart.
🎯A bullish crossover has formed on the MACD oscillator and the RSI indicator has recovered
from the oversold level of 30.
🎯Volume indicator is bullish.
Major Level:
Support Price Level - 763.25
Resistance Price Level – 1023
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 900
Stop loss - weekly candle close below 763.25
Target Price 1st - 1023
Target Price 2nd - 1580
Risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 763.25 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
BREKOUT IN HAPPIESTMIND📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF HAPPIESTMIND :-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Happiest mind.Information technology (IT) services are offered by Happiest Minds Technologies Ltd. Agile infrastructure, data management, digital transformation, product engineering, IT security, managed infrastructure, and web technologies are all included.
I've noticed that the HM is starting to rise to a higher high bottom, and if it breaks through the 840–844 level, it may reach the 870, 900, and 920 level. SL according to your level of comfort.
This is just for educational purposes; it is not a recommendation.
Please speak with your advisor prior to making any financial decisions.
Happiest Mind is ready to Formed Bullish Pennant PatternHappiest Mind is Done almost 3 year Consoliation in form of
Bullish Pennant Pattern
it is Given Also Falling Wedge Breakout
Here R:R (Risk and Reward ratio is Also Good)
Keep eyes on this stock
CMP is 913
and Here our SL is Very Low
Hold For Big Gains
1111
1334
1537
2000+
"DON'T MISS" If the stock breakout the 'TRENDLINE RESISTANCE'NSE:HAPPSTMNDS
Best swing trade for next week if breakout will done with a big green candle.
Wait for closing the candle above the trendline .
Stock is going to the trendline resistance for the 5 time .
Very high chance for breaking resistance.
> Entry above breakout candle
> SL below the breakout candle
> TRY for min. 1:3 or above
(It is just a view , please trade at your own risk)
Thanks
📉 Alert! Bearish Pattern Spotted! 🐻📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: HAPPSTMNDS
🔍 Description: Stock is making falling channel around resistance levels and we might see selling once breakdown happen of small channel.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Watchlist--Cup and handle pattern
--parallel flag breakout
-- 41 % down from ATH
--fundamentally good stock
--long term
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be