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 screener.in 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.
Regards
Gulz