Technical updates on Hexaware and HUL

Hexaware

Hexaware has tested previous bottom at Rs.72 and bounced back. Trend indicator in daily chart has indicated buy and trend is expected to remain up for medium term. Since IT sector is outperforming Hexaware is likely to participate.

HUL

HUL has started uptrend and as long as it is above Rs.460 trend will remain up.

Nifty medium term trend

Trend	UP
Initiation Date	29-11-12
Initiated at	5825
High since change	6111
Reversal if closes below	5800

Thought for the day

Thinking should become your capital asset, no matter whatever ups and downs you come across in your life - Abdul Kalam