Happiest Minds Technologies Symmetrical Triangle Breakout Zone
Happiest Minds Technologies
Buy Above : 920-925
Stop Loss : 795-798
Target :1130-1150
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
HAPPSTMNDS trade ideas
happiest minds HAPP has strong partnerships with high-growth platforms and is catching up with larger peers - HSIE
** Adds, co's margin profile boosted by lowest cost of delivery and low dependence on sub-contractors
** Brokerage expects HAPP's revenue to grow at 21% CAGR over FY24-26
** Faster recovery in discretionary spending in the sector and value accretive acquisition ahead can be positive triggers - brokerage
#HPPSTMNDS - Happiest Minds Techno Ltd ready for take off!#HPPSTMNDS
IT sector resurgence has started I think and some of the IT companies are looking nice.
One such stock is Happiest Minds Techno Ltd which I think is close to a nice breakout!
Keep an eye, as confirmed breakout can lead to 25-50% move in coming weeks/ months.
Happiest Mind - LONG- Proper base formation around 800 level
- RSI is showing bullish momentum
- NIFTY IT is very close to breakout
- Stock is trading very close to all the Imp EMAs and around 13% from its 52W high
- Increase in Volume and Delivery Quantity in the last few days
- Entry can be taken after the triangle breakout
- Very consistent financial performance
Head & Shoulder Pattern breakout in HAPPSTMNDSHAPPIEST MINDS TECHNO LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 935+.
✅Can Go Long in this stock by placing a stop loss below 842-.
Happiest Minds | End of Bearish Sequence | Elliott Wave AnalysisHappiest Minds | End of Bearish Sequence | Elliott Wave Analysis
Hey guys this is the elliott wave analysis of the Happiest minds technology.
The Stock is looking near the bottom. This video is not for any investment purpose this is for educational purposes.
All labels marked for your reference in the chart.
Regards
HAPPIEST MIND buy kro again behatreen stock for long term.Happiest Minds founded in 2011 is headquartered in Bangalore, with operations in the U.S, UK, Canada, Australia and Middle East.
It is an IT company, ranked 4 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.
Market Cap
₹ 12,891 Cr.
Current Price
₹ 878
High / Low
₹ 1,240 / 786
Stock P/E
57.9
Book Value
₹ 50.2
Dividend Yield
0.44 %
ROCE
31.2 %
ROE
30.6 %
Face Value
₹ 2.00
Debt
₹ 393 Cr.
EPS
₹ 15.5
PEG Ratio
0.52
Promoter holding
53.2 %
Intrinsic Value
₹ 258
Pledged percentage
5.50 %
EVEBITDA
38.8
PROS:-
Company is expected to give good quarter
Company has delivered good profit growth of 112% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 38.9%
Company has been maintaining a healthy dividend payout of 18.3%
CONS:-
Stock is trading at 16.4 times its book value.
Overall behatreen stock and more than 40% discount pe trade ho rha hai sabhi IT COMPANIES ME teji dikhegi ane wale time me jisme HAPPIEST MIND WIL keep your mind relaxed after investment in it..and will make wealthier in long term.
Please guy's badi mehnat se banata ye sab like bhi kia kro and follow bbhi kro.
Thankyou:-))
HAPPIEST MINDS TECHNO.After a decent correction and time spent on support area seems to be ready for a new rally from here as:
Cmp 870
Support 780-810 acts a SL for short term
Add more if comes around 750-800
Sl below 580(For long term view)
TGT 1080-1360-ATH+
I am not saying will happen overnight but patience will pay off .. Likh k de sakta hu m
Also apne bacho ko gift kar dena baad m
Happiest Minds, made a nice bottom and price pumps up. 350% Hello Friends,
Happiest Minds - Quality Midcap in the IT sector.
Technically, It made a nice bottom and preparing for next rally. As per the fib extension, I am expecting 1500, 1900, 2700 as targets. Well, it could take multiple years to happen.
Good for accumulation in long term.
Let me know your thoughts, please
Happiest Minds Technologies LimitedNSE:HAPPSTMNDS
This stock trading in a bearish Regression trend channel in a DAY time frame. As per my analysis it is going to breakout. It will go up to 1000rs.
so wait for breakout and retest. This is for swing trading.
DONT TRADE BASED ON MY IDEA. Just sharing for study purpose. do your analysis by using this chart.
CHECK MY DAILY INTRADAY BANKNIFTY IDEAS.