Sell Hexaware advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advised selling Hexaware. According to him, it has a disappointing chart.

Sukhani told CNBC-TV18, “I think the investor should get out, Hexaware is a disappointing chart. There was a sign that the bear market is over, but that has not come out. It has fallen again, broken down from a trading range, first it became half from Rs 140 to Rs 70 and then a small trading range. Whatever it does, it is not worth holding into."
He further added, "It is better to switch from Hexaware to Tata Consultancy Services, at least the quality is there. I would say irrespective of time horizon long-term, short-term whatever, Hexaware is a sell and exit.”