Hexaware Technologies – Technical Insight

Hexaware Technologies – Technical Insight (SEBI Reg. INH000019886 | Educational Purpose Only) 🔹Technical View: Price rebounding strongly after forming a double-bottom (Bottom 2) near ₹660 zone. A prior falling wedge breakdown area acted as a major reversal point. Price now trading firmly above the 20-EMA & 50-EMA, showing clear trend reversal strength. Bollinger Mid-band breakout confirms acceleration in momentum. RSI near 56+, rising steadily — supports continuation of the short-term uptrend. 🔑Key Levels: Upside: ₹760 → ₹825 Supports: ₹705 / ₹664 🔹Pattern Outlook: A sustained close above ₹760 will confirm a channel/structure breakout, opening upside targets toward: ₹825 (immediate) ₹950–₹970 (extended pattern target) Momentum + volume both favourable for continuation. ⚠️Disclaimer: Educational purpose only; not a buy/sell recommendation.