Investment Pick : Weekly & Daily Charts Given Breakout

gulz Updated   
Hexaware Tech, Daily as well as Weekly Chart given breakout after a long period of consolidation.

Weekly chart shown above - Daily chart will be shared as an update on the same thread.

Target 1 - 270+
Target 2 - 325+
Stop loss : Below 185 (Close basis)

Buy range - Near to the daily upper trend line ( 200-210)

Time Horizon : 6+ months.

Company has decent fundamentals. refer for more details.

- Company is virtually debt free.
- Stock is providing a good dividend yield of 3.86%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.78%
- Company has been maintaining a healthy dividend payout of 80.37%
- Balance sheet is decent with good amount of reserves

Chart & details shared for study purpose - Please consult financial advisor before invest.

Daily Chart :
Trade active
Trade active:
Sharp impulses on chart - This is how it works , combination of daily + weekly chart
Trade active:
Target 1 is nearby
Trade closed: target reached:
First Target achieved
Trade closed: target reached:
2nd Target also achieved -- just updating the thread.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.