Hexaware Technologies – Technical Insight

Hexaware Technologies – Technical Insight (For Educational Purpose Only | SEBI Reg. INH000019886) 🔹 Pattern: A clear Falling Wedge breakout followed by a Double Bottom (Bottom-2) formation — strong reversal structure. 🔹 Price Action: Price holding above 20-EMA with fresh momentum; Bollinger upper band expansion indicates strength. 🔹 Momentum: RSI trending up, MACD showing bullish continuation signs. Volume improving on green candles — buyers active. 🔹 Key Levels: Immediate Resistance: ₹785 Supports: ₹735 / ₹705 🔹 Targets (Post Breakout): T1: ₹820 T2: ₹900+ (Extended target) 🔹 View: Sustaining above ₹785 can accelerate the move toward the measured breakout targets. ⚠️ Educational analysis only, not a buy/sell recommendation