We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

What is Correct Level to Buy Hexaware?

We have earlier also forecasted that the IT stocks are going to get the best results due to depreciation of the rupee and for the same reason we had recommended a buy for Tech Mahindra to reap the gains.

Now we see the same trend emerging in Hexaware stock which is also showing all the positive signals for heading towards the level of 110 and higher levels in the near term which can be as high as 120 or 140. Check the below chart now.

Why we are bullish on the stock because firstly it has broken the psychological level of 100 mark and has gone above that level when majority of the stocks are down due to announcements by RBI to rein inflation and slow down the fall of Rupee against dollar.

Thus if you want to hold the stock then consider being long in the stock with a deep SL as 92 which is an important day moving average and keep shifting the sell order to get the best profit in the stock market. Ultimately the stop loss needs to be shifted to 100 level as stock moves in the higher direction. The above analysis is made on 16 Jul 13


Our clients are long in this stock above 100 level and we hope to see others also benefitting with our delivery tips and make profit like professionals with sure intraday tip of the day.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9