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.
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.
Set email alert for
ADS BY GOOGLE
video of the day
No one doubts India; rate cut lurking: Motilal Oswal