Hexaware Tech can test Rs 130-133: Thukral

Hexaware Technologies can test Rs 130-133, says Hemant Thukral, CBI Capital Securities.

Thukral told CNBC-TV18, "IT companies as a full sector is looking still strong and there is lot of buying that is accumulating at lower levels. And this buying is now been transferred from the largecap IT to the midcap IT stocks." He further added, "In Hexaware Technologies what we see today is that in intraday it has managed to cross above Rs 123 and there are some long positions that have been formed at higher levels. So we feel that this stock can again catch up. It can go up to the recent highs that has formed around Rs 130-133. Keep a stop loss of about Rs 118, because it has not participated till now in that midcap IT rally. So it can do in next say coming 2-3 sessions."