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balaji_damo

Hexaware - Longterm resistance and channel trade

Short
balaji_damo Updated   
NSE:HEXAWARE   None
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
The stock is at long term resistance at 293 and has formed a channel with bearish trend with support at 280.

Trade as per the chart with SL.

Short at or below 280 with SL at 285 for T1 275 T2 270 T3 268.

Also one can short NOV 305 CE at 7.9

Trade active:
T1 reached
Trade closed: stop reached
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