Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "We have seen selling pressure in the entire IT heavyweight counters followed by the disappointing result from TCS and HCL Technologies but we are expecting some positive action and strength in Hexaware Technologies."
"Yesterday HCL Tech recovered well with positive price action of Tech Mahindra and Wipro but we would like to go for Hexaware Technologies. The stock is trading near to lifetime high, recently it made low of Rs 306 and recovered well. Yesterday it closed above Rs 325 zone which is the immediate hurdle. So in IT pack, I will go with Hexaware. Traders can also trade in 340 Call to trade the upside movement of the stock," he added.
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