Short Hexaware: Shrikant Chauhan

Short Hexaware, says Shrikant Chauhan, Kotak Securities.

Chauhan told CNBC-TV18, "My second pick is Hexaware to trade short because the stock has formed multi tops above Rs 72 levels. Currently it is available at Rs 67. We can trade short 50% at current levels and more in case there is a pullback to Rs 59 levels with a final stop loss at Rs 71 on a closing basis for the target of Rs 61 and Rs 57 on the lower side."