Sukhani told CNBC-TV18, " Jet Airways is now cracking down, coming below our support. Rs 550 was strong support level, it has broken that. The message that is now coming is that the uptrend in Jet Airways may well be over. One of the advantages of tracking technicals is that we are flexible. We have been upbeat on Jet Airways from Rs 250 onwards, now it seems that the uptrend is over, so let us step aside and wait for either selling opportunities or simply not buy."
He further added, " Hexaware Technologies , last week suddenly it came in our buy list and it came today. The initial signs are that after a big bear market; Hexaware is building a base and doing the right things. As a positional trader, I would be a buyer in it. It is not an intraday trade and it need not be. If one wants to hold on for something Hexaware is a good option."
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