HEXT Under Heavy Selling Pressure – Bearish Outlook
HEXT is firmly bearish after a sharp breakdown below key support levels. The stock has witnessed strong selling with increased volumes, indicating distribution rather than a mild correction. The decisive fall below the ₹600 zone confirms weakness and opens the door for further downside toward ₹500–₹480 if selling persists. The trend structure has shifted to lower highs and lower lows, reinforcing the negative bias. Unless the stock quickly reclaims ₹600 with strong momentum, the near-term outlook remains bearish.
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