stockstudy8

Hexaware: Downward Channel Breakout

Long
NSE:HEXAWARE   None
1.Trading above All Importance Moving avg.
2.Two year Downward Channel Breakout
3. Stock Just Bounced From weekly 200 MAVG.
4.Company is virtually debt free.
5.Stock is providing a good dividend yield of 3.88%.
6. Company has a good return on equity (ROE) track record: 3 Years ROE 28.78%
7. Company has been maintaining a healthy dividend payout of 80.37%

Watch Near 217/207 For Tgt 270/340+ (6/8 Month) With Stoploss below 187
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