HAPPIEST MIND TECHNOLOGIESHappiest mind already shown a breakout at 1440.next possible breakout level is 1475.
HAPPSTMNDS trade ideas
Happstminds Good for long RSI and Volumes given pullback in Happstminds. My view is good for accumulation
Happiest Minds Technology : Triangle PatternAs 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.
Happiest Minds Technology : Triangle PatternJust one step away from breakout. Once its done, you will see this stock flying high.
Disclaimer : This is just for educational purpose. Do your own analysis before taking any position. I am not responsible for any profit or loss.
happiest Minds - Long after 1500 - with VolThis stock is consolidating in a progressively compact range since a month. This is a upflag formation with symmetrical triangle. There is consistent progressive buying in this counter. As soon as volumes return back the stock is getting ready for upside targets @2200 +++.
For academic purpose.
Happiest Minds- Pennant BOHappiest Minds:
BO from Pennant formation after good consolidation range. Target 1561.
Only for educational purpose. Not a recommendation.
HAPPIEST MINDS TRIANGLE BREAKOUTBUY above the horizontal line. it has been consolidating from a long time now. i had published a chart before which had shown a certain pattern. follow the stoploss and the targets given in the chart. stoploss is at daily closing basis.
POSITIONAL #KASH_STOCKHAPPSTMNDS. looking good above 1446 for the target of 1533 with SL 1375. It is moving in a kind of parallel channel pattern.
Respecting 20 EMA line || Happiest MindsThe stock is respecting the 20 EMA line and is also making an ascending triangle pattern in short term. It is been consolidating for some time and is expected to give a good upmove now. Buy above 1450 for a target of 1600 and 1700. SL will be 1350 on a closing basis. Do follow for more swing trading ideas.
Watchout for Upside BreakoutIt is consolidating in same zone for long . Volume is decreasing which means it is preparing for some big move. I am betting on upside moment. I'll update you if it's give either side breakout.
Wait and watch for the long positionEntry should be taken if this trendline breakout and confirm the breakout with candlestick pattern..
HAPPSTMNDSThere was beautiful breakout of triangle pattern and post breakout the stock has stayed bullish .
Also, the over all trend of the the stock has been bullish . Enter based on the candle stick pattern formation and look for the mentioned targets.
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Happiest Minds Technology : Triangle PatternPerfect Triangle pattern is emerging in Happiest Minds Technology. It is waiting for the breakout. 1st resistance is 1465 which can be consider as an entry point. closing above this price will be a bullish trend and target is 1550 for short term.
Happiest MindGetting Tight. Multiple Darvas in the making. Can give a good move once it breaks the range.
HAPPSTMNDS offering good RRHAPPIEST MINDS
Chart Structure:
- Stock is in a continuous uptrend.
- Stock took a breather of 13% after a 58% up-move.
- Currently stock is consolidating at a 10% range.
Volume:
- Stock trended up with huge volume activity.
- During consolidation around 40 lac shares were delivered from 23-29 July. All days delivery is above average.
- On 20th August, there was a delivery of 7.30 lac shares
- By looking at Volume bars, the supply looks exhausted.
Relative Strength:
- Stock is outperforming both its sector (NiftyIT) & Nifty50 in 1W, 1M, 3M & 6M
- Stock is also outperforming Midcap Index.
- Spread Chart breakout happened today.
Financials:
- In Q1, sales grew by 11% QoQ & 30% YoY
- PBT growth was -2% QoQ & 46% YoY
- PAT growth stood at -5% QoQ & -29% YoY
Other Positive Highlights:
- At CMP, the stock is offering excellent RR.
- Given the sectoral tailwind, the stock is also expected to perform well.
Good stock to study & keep an eye upon.
Watchout for Resistance breakoutThe stock looks good above 1475 level for 1580 first target. Positionally medium term looking good for 1650 and 1700
happiest mindw pattern formation in happiestmind a closing above the blue line ie above the neckline of the w pattern is good
BREAKOUT ALERT: HAPPIEST MINDS On 18th August 2021, Happiest Minds has given a breakout of Bullish Pennant Pattern.
Entry - 1450
Stop Loss - 1400 (3.45%)
Target Price - 1700 (17.24%)
Risk to Reward Ratio - 1:5
