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.
HAPPSTMNDS trade ideas
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