Investment Pick : Weekly & Daily Charts Given Breakout

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.

Comment: 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.