HAPPSTMNDS - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis for HAPPSTMNDS (Happiest Minds Technologies)

IntraDay Trade Rating: 3.6

This stock presents a moderately favorable setup for intraday trading today, with a few cautionary signals to watch.

🔍 Technical & Momentum Overview

RSI (47.6): Neutral zone, not strongly overbought or oversold.

MACD (-4.16): Bearish crossover, but flattening—watch for a potential reversal.

Volume Spike: Current volume is 4x higher than weekly average, indicating strong intraday interest.

Price vs DMA: Trading slightly below 50 DMA (₹623) and well below 200 DMA (₹670), suggesting short-term weakness but potential bounce.

📈 Fundamental Snapshot

Strong Profit Growth: PAT up from ₹41.5 Cr. to ₹57.1 Cr.

Healthy ROCE (15.2%) & ROE (12.6%): Indicates efficient capital usage.

High PEG Ratio (38.0): Suggests overvaluation relative to growth.

Debt-to-Equity (0.79): Slightly elevated, but manageable.

🛒 Optimal Entry & Exit Strategy

Buy Zone: ₹615–₹618 (near intraday support and VWAP)

Profit Target: ₹628–₹633 (resistance zone from recent highs)

Stop Loss: ₹610 (below support and psychological round level)

🚪 If Already Holding Today

Exit on Weakness: If price drops below ₹615 with declining volume and MACD remains negative.

Exit on Strength: If price breaks ₹628 with rising volume and RSI crosses 50.

Watch for Reversal: A bounce from ₹615 with bullish divergence in MACD or RSI could signal a short-term rally.

🧭 Final Take

HAPPSTMNDS is showing mixed signals—strong volume and decent fundamentals, but technicals are mildly bearish. It’s a watch-and-react candidate today: enter near support, keep a tight stop, and exit swiftly on momentum shifts.

Want to compare it with other IT midcaps or explore swing setups? I’ve got ideas.

Edit in a page