Hexaware Breakout -

Hexaware Coming out of Traingle formation and is breaking out.
cash price is 415 whereas future price is 395.
Pull back might be seen to 400 levels in cash which would be a good place to buy.
Not giving any targets but can hold this stock for 2-3 months for good gains.

OI Analysis :-
Bears trapped at 360 and 400 levels with 151,000 and 162,000 contracts.
Not much activity seen in the option chain on the put side.
For june future contract OI has increased by 3.9 %

Mov Avg Analysis.

Price is well above all major moving averages.
Comment: 4 inside bars formed , which is a triangle pattern...expecting price to stay in 370-380 range to consolidate... before it finally breaks out.
Comment: Continuing with this trade.
Trade active
Trade closed manually
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