β€Ή All Posts
CA Omkar Bhutada - SEBI Reg IA

24th Jun 2025 Β· SEBI-Registered Analyst

πŸ“‰ Falling Wedge + MACD Bullish Divergence β€” Is the Pain Ending for Happiest Minds?

HAPPSTMNDS
After a prolonged correction, Happiest Minds is flashing early trend reversal signals β€” both in price action and momentum. This could mark the start of a long-awaited comeback. πŸ” Technical Analysis Highlights βœ… Falling Wedge Breakout (Weekly) Price action has broken out of a long-term falling wedge β€” a bullish reversal pattern β€” after respecting the lower trendline for over 2 years. βœ… MACD Bullish Divergence While price made new lows in 2024–2025, the MACD histogram and signal line formed higher lows, indicating loss of bearish momentum. βœ… Volume Spike Near Bottom Increased volume around β‚Ή550–600 suggests institutional interest at these levels. πŸ“Š Fundamental Snapshot 🌱 Consistent Digital Growth Themes: Positioned in niche digital services like cloud, AI, and analytics. πŸ“ˆ Strong ROCE (~25%): Reflects operational efficiency despite the recent stock price decline. 🧾 Debt-Free Status: Provides financial flexibility to weather tech sector volatility. 🎯 Conclusion Technicals are aligning with fundamentals β€” MACD divergence + falling wedge breakout + strong ROCE β€” making Happiest Minds a potential digital dark horse for FY25. Keep an eye on a weekly close above β‚Ή700 for confirmation.

#FundamentalViews#TechnicalViews#PersonalFinance#EquityResearch
HAPPSTMNDS_2025-06-24_09-49-22.png
1 like