Get started

Happiestmind

Charts Says everything....Happiest Mind Technonologies seems to be closing its doors for bears...! Here is presented an Elliott Wave Analysis of the above stock. Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company. Company offers IPs and domain expertise across a set of focused areas that include Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing and Consulting. In the Solution space, focus areas are Security, M2M and Mobility solutions. Additionally, company is an authorized partner with global information technology players to deploy their services and create custom solutions. Disclaimer : I am not a registered analyst with the Securities and Exchange Board of India (SEBI) or any other regulatory authority. The information provided here is for educational and informational purposes only and should not be considered as financial advice. Any investment decisions you make should be based on your own research and consultation with a qualified financial advisor. It is important to note that investing in securities involves risks, and past performance is not indicative of future results. I strongly recommend consulting with a licensed financial professional before making any investment decisions. I do not accept any liability for any loss or damage incurred as a result of reliance on the information provided in this communication. Always conduct your own due diligence and seek professional advice before making any investment decisions.
NSE:HAPPSTMNDSLong
by imkhushal
3
Happiest Mind 61.8% Fibonacci Positional TradeFibonacci 61.8% retracement is the most important Fibonacci level in the markets and is a good trading strategy when combined with price action. This retracement level is most likely to generate a reversal price move. Happiest Mind once bounced from 61.8% Fibonacci support in the month of July 2022. Currently, it is retesting the same support area and there is a probability that it might bounce from here again. Considering the good risk-reward ratio, there is a good positional trade opportunity here. If the price sustains 750 levels, there is a possibility that it might test 1000 levels initially and then 1400 levels this year.
NSE:HAPPSTMNDSLong
by manuagarwal21
Happiest Mins - Positional TradeThe stock formed a Bullish Engulfing candle in the month of July 2022, since then the stock has been consolidating within its range i.e 813 - 1027 . It's been 3.5 months and the stock has been moving in the said range, suggesting that it might be getting ready for a trending move. Since the first candle (July 2022) is a big bullish candle, followed by consolidation, chances are high that we gonna probably see a trending move on the upside. The current risk-reward also looks favorable for this positional trade. CMP:992 Target 1200, 1300- 1350 Stop: Below 940 or 900 ( as per risk capacity) Immediate support @ 955-944 Immediate resistance @ 1000-1015. One can time trade on the basis of an hourly or daily chart. Disclaimer : Trade at your own risk
NSE:HAPPSTMNDSLong
by manuagarwal21
1
Happiest Minds Trend AnalysisHeadquartered in Bangalore, with operations in the U.S, UK, Canada, Australia and Middle East. Ranked 4th in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Sound fundamentals with PE at steeper side after TATA ELXSI. Expecting the Forward PE to be around 30 levels as per the growing trend of EPS with further reduction in share price in near future. One of the most complicated charts has been SIMPLIFIED finally after GIVING UP several times. Price is moving inside two curved trend lines highlighted and will continue lower as it broke the trendline support and is ranging below it, tried to retest it twice but failed. A reverse Cup with Handle pattern formed as highlighted. Expecting Triple Three correction before a possible break out towards upside. First correction was FLAT, second was ZIGZAG and the third is expected to be a TRIANGLE. Technical target is around 565 which lies in confluence with FIB level and curved trendline support. Best to accumulate around 500-575 levels for a good upside. Will update the targets after getting the much deserved MOTIVATION which doesn't cost you either time or money. As always do your own due diligence before taking any action. Peace!!
NSE:HAPPSTMNDSShort
by Swastik24
4
Top AI stock is up for grab cmp 1346Happiest mind is one of the leading companies among AI stocks. Persistent, TATA elxsi and Affle are the other top performing AI Stocks. Zensar is also equally good. Happiest mind is consolidating for more than 3 months. Tested the support at 1350 for more than 10 times which is a clear indication of consolidation. Once the breakout happens one can enter for short-term trade but for a long-term investor who is looking to gain in Tripple digit this is the right time to grab. Affle is also recommended- Recent split share has made it available at rs 1100. Happeiest minds CMP 1346 Affle CMP - 1098 Target 4k in 12-15 months
NSE:HAPPSTMNDSLong
by mahemahe1313
1