Short
Hexaware Breakout Support and Channel (Sell)
It is been observed that the price action is trending down on weekly chart and now it has broken the previous support levels of 183 on daily chart, which indicates further weakness. On weekly chart, we can see a strong suport level which can be our next potential target.
Target: 170
Stoploss: 195
Target: 170
Stoploss: 195
Trade active
Breakout from Crucial support levels confirmed. Targets shall be reached soon. RegardsTrade active
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Related publications
Disclaimer
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.