Hexaware Technologies Ltd – Bullish Reversal Key Support
HEXT
The stock is showing signs of a possible short-term reversal after declining towards the ₹490–₹517 support zone, with a strong recovery candle appearing from the lower levels.
🔎 Technical Observations:
• Recent correction found support near ₹490–₹500
• Strong bullish candle emerging from support
• Price attempting to reclaim ₹530 resistance
• Momentum remains weak but showing early recovery signs
🔑 Key Levels to Watch:
• Immediate Support: ₹516 – ₹500
• Major Support: ₹489 – ₹475
• Immediate Resistance: ₹530 – ₹548
🚀 Upside Targets:
• ₹548
• ₹557
• ₹571+
📉 Risk: Sustained breakdown below ₹489 may weaken the setup and bring further downside pressure.
📈 Trading View:
👉 Sustained move above ₹530–₹548 can trigger fresh bullish momentum towards higher levels.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊