Hexaware – Risk-Reward Entry Point with RSI positive divergences

hexaware

 

- > RSI positive divergences.

-> Highly oversold.

-> retest of previous major breakout.

 

Good risk-reward buy

 

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4 Comments

  1. Anandha
    January 3, 2013

    Sir ji,

    Excellent call and risk reward ratio.
    You would have posted this little early.

    Regards,
    Anandha

    Reply
    1. Nooresh
      January 4, 2013

      Well takes time to post a trade. Because first the trade needs to go to clients 🙂

      Reply
  2. Santosh
    January 4, 2013

    Hi Nooresh,
    Any view on Sterlite Technologies your old pick?

    I am still stuck in that from 39 levels.

    Can you throw some light and let me know if I should book losses and switch or still hold?

    Reply
    1. Nooresh
      January 4, 2013

      Hi Santosh,

      The stock took a stoploss hit quite a long time back. Seems the downside is limited and can see a reversal soon

      Reply

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