Hexaware -X Wave Bounce to 275 as Selling Opportunity to 175-185

Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

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Trend - Downside (Longer Term Trend)



Trading Strategy


Plan A
Look for bounce strictly "above 232" for 270 /290 ------Getting Resistance from X -Wave which is 275 (+/- 10 points) range if stock stops then execute Plan B as mentioned below

Plan B
Once Plan A is executed - Have patience & watch for resistance as mentioned above & sell for downside target 175-185 later. Plan B will not be executed if stock moves above 300 levels.

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Previous Ideas
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Idea No-1 :Hexaware - Journey Above Cloud -237 - A New Story Unfolding (Published Date - 1st May 2017)

Idea No-2 : Hexaware - New Story Unfolding Part -2

07:29

Comment:

Nifty Index Update

New Status Update

"09:48 Hrs / 3rd April 2020 - Nifty Update - (Last Price : 8175) - Don't miss the Index bounce if-------if crosses above 8200 & holds above that level - Upside -It could travel 8500 /8650/Above 8700 for 9000+ -- but be careful of levels I said. Thanks'

I am very clear in my updates about levels which Nifty can bounce if "holds above 8200"

Trade active:

14:34 Hrs / 3rd April 2020

Nifty Update

Last price @ 8075

It crossed 8200 on few moves but could not hold & dropped to 8067 - there is minor support in 8050-8070

Intraday Plan 1-
Traders who can afford to take risk of 20 points below 8050 - can look for upside bounce 8150 /8175

Intraday Plan 2
If stops below 8200 in 8150-8175 Then sell for downside target 8030-8050

Intraday Plan 3
Only crossing 8200 - It will open more on upside.

Trade active:

14:46 Hrs / 3rd April 2020

Last price @ 8091

Intraday Plan 1
Stop loss save by 5 points ------------Stop suggested below 8050 - Recent low- 8055 -------Nothing to lose.

Trade active:

15:23 Hrs / 3rd April 2020

Last price @ 8097

Intraday Market Gave 2 chances back to back -------Holding 8050 levels - That is amazing!!!

Trade closed manually:

10:20 Hrs / 10th April 2020

Last Price @ 265

Recent High - 280

Plan A -----------------------------------Done in 270/290 zone. Thanks

Kindly manage your risk- This idea gets closed.

Comment:

Just a comment

See who's is listening !!! --------------Isn't this amazing - Stocks also have ears -Look at the halt at --------300------------------300-------------

Plan B ------------Are you in !!!