Skip to main content

Hexaware Technologies

Hexaware Technologies - (Buy) SL 130, TP - 160, CMP - 135.
This is one stock which is trading at low valuation as compared to its peers. PE is 11.9 as compared to 15+ to rest of its peers.

I am betting big time on this stock because of 2 reasons:-
1) Low valuation
2) The stock is in SCIF ETF fund (US). SCIF fund is beginning to show up-move and Hexaware is one of the top holdings in the portfolio. And as the risk aversion in US equity kicks in, Hexaware is gonna be the black horse.

Also do check out persistent systems.


17/1/2013 :- All Profits should be booked at current levels. The trade is closed as of now.

Comments

Post a Comment

Popular posts from this blog

Persistent Systems

Persistent Systems :- The stock has been making upmoves with consolidation at each stage. This indicates the strength of the stock. The stock should be accumulated at these levels for higher targets in coming months. This is long term stock and with strong fundamentals. It has good %age holding across foreign and inhouse funds. SL - 900 , TP - 1200, CMP - 973 (2 Months)
Post a Comment
Read more

Kei Industries

Kei Industries :- (STRONG BUY) Broken the channel with strong volumes, %delivery at 70. Buy for Target of 16.5, SL - 11. If targets are met, Hold for Target of 19+. Monday would be a volatile session, if the stock corrects wait for the levels of  11 - 10.5. This would be the best zone to go for Long position. Daily Chart
Post a Comment
Read more