Happiest Minds Triangle pattern breakoutIf any one has missed this stock in IPO we are getting right point of entry... It is a triangle breakout and trying to retest.... Enter once it starts to reverse
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HAPPSTMNDS trade ideas
Is it time for accumulating Happiest Minds?As per the chart, you can see in both hourly & daily chart a clear triangle breakout is seen along with good volume. If you see the hourly chart bullish flag & pole patterns can also be seen. Apart from that, the bottom support has been tested for quite a bit of time. The RSI is also indicating a possible reversal, as the momentum gets higher & higher. As per my thinking, the major resistance it will feel will be at an all-time high but may even break out that level also, if all global queues stay positive for some months (may be).
I think, this could be a good time to BUY, who didn't get it at the time of IPO.
Happy Minds - Intraday Trade SetupHappy Minds CMP - 350.50
Looking bullish and can go for Intraday trade with the following entry, exit & targets
Buy at 352 Only / Stop Loss 345
Target 1 - 355
Target 2 - 360
Target 3 - 365 / 370
Note: This is my view and for educational purpose only
