Expect Hexaware to move upward: Parag Doctor

Parag Doctor, Head-Trading Strategies of Keynote Capital's told CNBC-TV18, "Hexaware Technologies is an interesting stock in the midcap IT space. It has made a very good base formation between that Rs 75-85 levels and now it has started some kind of uptrend by crossing a longer term 200 day average which is around Rs 90."

"So we expect a gradual movement on the upside. Higher levels would be Rs 100," Parag Doctor said. The share touched its 52-week high Rs 142.00 and 52-week low Rs 72.30 on 14 September, 2012 and 25 June, 2013, respectively. Currently, it is trading 31.83 percent below its 52-week high and 33.89 percent above its 52-week low. Market capitalisation stands at Rs 2,890.72 crore.