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Happy Forgings Limited

HAPPYFORGE.NSNSE
Industrials
Manufacturing - Metal Fabrication
1329.70
0.00(0.00%)
Indian Market opens in 11h 34m

Happy Forgings Limited (HAPPYFORGE.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Happy Forgings Limited (NSE:HAPPYFORGE.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HAPPYFORGE.NS Technical Analysis Summary

Happy Forgings Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.84)
Trend Strength:Very Strong (ADX: 43.37)
Volatility:Medium (ATR: 50.54)
Support/Resistance:$998.36 – $1413.55 (Bollinger Bands)

Overall, Happy Forgings Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 71.84

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 85.98

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.98

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 18.53

Strongly Bullish
Strong upside momentum.

Takeaway:Happy Forgings Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 64.44

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.37

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 50.54

Rising
Rising volatility, market activity increasing.

CCI (14): 79.43

Bullish
Bullish, momentum building upward.

Takeaway:Happy Forgings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1413.55
Middle Band (SMA 20)
$1205.96
Lower Band
$998.36
Current Position
Within Bands

Takeaway:Happy Forgings Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1334.27
Middle Line (EMA 20)
$1233.20
Lower Channel
$1132.13
Squeeze Status
No Squeeze

Takeaway:Happy Forgings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.33M
Money Flow Index83.67Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index66.79Bullish, price momentum strongly favors buyers.

Overall Takeaway:HAPPYFORGE.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Happy Forgings Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Happy Forgings Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ