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HAPPIEST MINDS TECHNO LTDHAPPIEST MINDS TECHNO LTDHAPPIEST MINDS TECHNO LTD

HAPPIEST MINDS TECHNO LTD

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HAPPSTMNDS trade ideas

Happiest Minds: Happy days are here again? 🤩Hello There, Welcome back! 👋 Here is all you need to know about Happiest Minds: • The stock price has been range-bound in a downward Wedge pattern for over 14 months. • An attempt to break the pattern resulted in a long upper-wick candle, suggesting sellers' presence. • A subsequent inside candle gave a weak breakout, after which the price has been consolidating/retesting. • The psychological level of 1000 has acted as a strong resistance. • Despite crossing the 1000 level weekly for the past 3 weeks, the price has failed to close above it. • A close and sustenance over the 1030 level would be absolutely necessary for it to continue its upward momentum • The next immediate resistance seems to be around 1175. • Another important thing to note is that it recently raised 500 Crs via QIP @ 924/Share. That is what triggered the 6% fall a day ago. • Help us reach many like-minded investors like You! Would you give us a Boost for motivation? • Investors included Troo Capital, Société Générale, BNP Paribas Arbitrage ODI, BofA Securities Europe SA -ODI and Morgan Stanley Asia (Singapore). Given that these are funds and not corporates, The sole motto seems to be capital appreciation which is a positive. • The Indian IT sector too is approaching its critical resistance for the third time. Which company should we analyze next? 👇 Thoughts or Questions? Let us know in the comments below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:HAPPSTMNDS
by TheChartereds
6
Bullish educational View on HAPPSTMNDSBullish View on HAPPSTMNDS: Upcoming footprint chart analysis suggests a strong bullish trend in #HAPPSTMNDS, with a potential short-term target of ₹1177. The current price of ₹882 offers a promising entry point lower level in green highlighted, and i believe that the stock has the potential to surge higher in the coming future. Key Observations: The stock has formed a solid base around the ₹800-850 zone, which we believe is a strong support level. Any retracement to this zone would provide an attractive entry point for long-term investors. The recent price action has formed a higher low, indicating a strong buying interest in the stock. The long-term trend is firmly bullish, with the stock trading above its 50-day and 200-day moving averages. The Relative Strength Index (RSI) is currently around 60, indicating that the stock is not overheated and has room for further upside. Chart Projection: Our chart analysis suggests that if the stock can sustain above the ₹882 level, it could potentially reach our short-term target of ₹1177. This target is derived from the measurement of the recent upswing, and we believe that the stock has the potential to reach this level in the coming future. Entry Strategy: its best way to accumulating the stock on any retracement to the ₹800-850 zone. This zone offers a strong support level, and any dip to this level would provide an attractive entry point for long-term investors. For traders, a buy stop-lossas per capital risk current CMP ₹882 could be an attractive entry point ₹800-850 zone, with a target of ₹1177/ 2000. Risk Management: As with any investment, there are risks involved. We recommend maintaining a stop-loss of as per your capitals on any long positions, and trailing it higher as the stock moves in our favor. In conclusion, our footprint chart analysis suggests a strong bullish trend in HAPPSTMNDS, with a potential short-term target of ₹1177. i believe that the stock has the potential to surge higher in the coming future. Disclaimer: This analysis is for educational purposes only and does not constitute any recommendations. The information provided here is based on my interpretation of the data and should not be considered as financial advice. Any positions taken based on this analysis should be done in consultation with a personal financial advisor. Trading and investing in the stock market involves risks, and it is important to understand those risks before making any decisions.
NSE:HAPPSTMNDSLong
by artrade123
HAPPIEST MINDSA Clear indication of how Happiest mind is technically underperforming on chart compared to Nifty index itself because we have both short and long RS below 0 line. Once we expect a good turnaround of NIFTY-IT, keep this stock in watchlist. Wait for a clear Trend change indication. Need the Falling wedge Weekly breakout with Good Volume along with Breakout of previous swing high. During breakout, one of the RS be above 0 line. RSI > 60, EMA 10>20>50>200 rising. Positional trade till the ATH level can be expected after the Breakout
NSE:HAPPSTMNDS
by srh25
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 Minds Technologies Ltd TARGETS MENTIONED IN CHART SL 2 % FUNDAMENTALS Market Cap ₹ 14,047 Cr. Current Price ₹ 922 High / Low ₹ 1,023 / 763 Stock P/E 63.7 Book Value ₹ 90.4 Dividend Yield 0.59 % ROCE 27.4 % ROE 28.9 % Face Value ₹ 2.00 Promoter holding 51.4 % EPS last year ₹ 14.7 EPS latest quarter ₹ 3.58 Debt ₹ 539 Cr. Pledged percentage 7.01 % Net CF ₹ -67.5 Cr. Price to Cash Flow 81.8 Free Cash Flow ₹ 36.7 Cr. Debt to equity 0.39 OPM last year 24.1 % OPM 5Year 20.7 % Reserves ₹ 1,348 Cr. Price to book value 10.2 Int Coverage 9.28 PEG Ratio 1.01 Price to Sales 9.93 Sales growth 3Years 24.0 % Return on assets 16.3 %
NSE:HAPPSTMNDSLong
by madhu2811
Get ready to Stand-up and Salute the Flag - Happiest MindsHappiest Minds is a Leader in digital transformation IT consulting & services company focusing on Big Data, Analytics Cloud, Mobility & Security for better business development. After the IPO in Sep 2020 the stock saw a Dream Run in less than 1 year to reach a Skyhigh milestone of 1600 from a mere 300 / stock. After this its been in a consolidation mode for nearly 2+ years forming a Standout Flag Pole pattern on Monthly Here are the Technicals behind the Amazing Bull Run Setup: Monthly: Flag Pole BO above 960 for Target of 1600++ Weekly: There are 2 Cup and Handle patterns. One with a Cup and Parallel Channel Handle and other with a Cup and Inv H&S inside the Handle. The completion of INv H&S pattern will enable BO of the Flag pattern to take the stock sky high again Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered Our focus is NOT providing Buy/Sell Recommendations/calls Primary Objective is to provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:HAPPSTMNDSLong
by Stocks-n-Trends