Hold Hexaware Technologies, says Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "Hexaware Technologies was strongly performing before which we saw big crack from Rs 140 to Rs 110 levels in the last couple of weeks but now it is taking support at that Rs 110 level which is very important retracement level as well as a trend line level."

"I expect to hold the stock with a stoploss of Rs 114 and we can expect a target of around Rs 135 in the next couple of weeks. Now IT sector should pick up again in the next couple of weeks as we have seen today that Tata Consultancy Services (TCS), Wipro and Infosys," he said. "Larsen and Toubro (L&T) had a superb run up in the last couple of months. The correction was due and we would look at around Rs 1000 levels to buy back on a dips." Disclosure: He has positions in UPL.