Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, "The charts of Hexaware Technologies seems to be suggesting very strong momentum building up over the last six to seven weeks continuously. From Rs 140 odd levels the stock has climbed to Rs 180 in just a matter of one to one and a half months, and that is good sign. The volumes are building up which also adds on to the momentum for Hexaware Technologies."
"From a short term perspective one could look for a target of at least Rs 188-190 and keep a stoploss of Rs 170 on it," he added.
Disclosure: Analyst has no personal holdings in the stock but it is possible he may have recommended the same to his clients at LKP.
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