HAPPSTMNDS - Swing Trade Analysis

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

Swing Trade Rating: 3.1

HAPPSTMNDS has solid fundamentals and improving earnings, but the current technical momentum lacks conviction. The bearish MACD and muted RSI suggest caution for swing trading, though it may shape up with confirmation signals.

📊 Fundamental View

Valuation & Growth

P/E: 47.6 vs Industry PE of 29.1 → Premium priced

PEG Ratio: 38.0 → Implies very high valuation relative to expected growth

Earnings & Efficiency

EPS: ₹12.5 → Decent earnings base

PAT Qtr ↑ from ₹41.5 Cr to ₹57.1 Cr → Healthy quarterly improvement

ROCE: 15.2% | ROE: 12.6% → Attractive capital deployment

Balance Sheet

Debt-to-Equity: 0.79 → Moderate leverage

Dividend Yield: 0.97% → Reasonable payout for tech sector

📉 Technical Setup

Price Action

Current Price: ₹619 below both DMA 50 (₹623) & DMA 200 (₹670) → Weak structure

Volume surge: ~4x weekly average → Unusual activity, could precede reversal

Momentum Indicators

RSI: 47.6 → Neutral-to-weak, lacks upward momentum

MACD: -4.16 → Bearish territory

52w Index: 31.9% → Substantial drawdown from high of ₹833

🎯 Swing Strategy

🟢 Optimal Entry Price

Watch Zone: ₹610–₹620 Entry only after MACD flattens and RSI crosses 50 to confirm a rebound.

🔴 Exit Strategy

Target Price: ₹660–₹675 Resistance lies near DMA 200, where a bounce would likely stall.

Stop-Loss: ₹595 Tight stop below recent minor support

🤝 If Already Holding

Partial exit near ₹660–₹675 on rebound

Tight stop-loss below ₹600 to avoid deeper pullback

Monitor RSI and MACD weekly for confirmation of continued strength

Want to build a watchlist of similar mid-cap tech plays with stronger momentum signals? Or compare this setup against breakout charts in IT services and SaaS? I can screen them down to the candle. Let me know how you'd like to proceed.

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