SirajHudda

Hexaware ready for Wave C correction - Short Setup

Short
NSE:HEXAWARE   None
Hexaware is set to decline again to complete the Zigzag correction on the longer timeframe. Wave A and Wave B have already unfolded and targets for Wave C should be equal to Wave A which comes just below 200. 61.8% Fib comes around 220 levels. One can take short positions with stoploss above 380 for the targets of 220 and 190. Its a long term trade so it will take time to unfold.

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.