HAPPIEST MINDS

A Clear indication of how Happiest mind is technically underperforming on chart compared to Nifty index itself because we have both short and long RS below 0 line. Once we expect a good turnaround of NIFTY-IT, keep this stock in watchlist. Wait for a clear Trend change indication. Need the Falling wedge Weekly breakout with Good Volume along with Breakout of previous swing high. During breakout, one of the RS be above 0 line. RSI > 60, EMA 10>20>50>200 rising. Positional trade till the ATH level can be expected after the Breakout