Hold Hexaware Technologies, advises Abhijit Paul

Abhijit Paul of Alphative Advisors advises holding Hexaware Technologies with a long term view. The stock has the potential to go much higher from here and can actually go all the way towards Rs 140-150, he adds.
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Sep 13, 2013, 12.16 PM | Source: CNBC-TV18

Hold Hexaware Technologies, advises Abhijit Paul

Abhijit Paul of Alphative Advisors advises holding Hexaware Technologies with a long term view. "The stock has the potential to go much higher from here and can actually go all the way towards Rs 140-150," he adds.

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Hold Hexaware Technologies, advises Abhijit Paul

Abhijit Paul of Alphative Advisors advises holding Hexaware Technologies with a long term view. "The stock has the potential to go much higher from here and can actually go all the way towards Rs 140-150," he adds.

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Abhijit Paul (more)

Founder, Alphative Advisors LLP | Capital Expertise: Equity - Technical

Abhijit Paul of Alphative Advisors told CNBC-TV18, "The long-term charts in Hexaware Technologies are exceptionally good, so it has the potential to go much higher from here and can actually go all the way towards that Rs 140-150 range. But in the short-term I think it has played its part, so it is going to tire out a bit, probably drift little further."

"One needs to hold this stock for a slightly longer time frame because it has exceptionally good long-term chart. So in Hexaware one needs to put in six-nine months time and I sense that upsides are there for the stock as well," he said.

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