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Indian Stock Pick - Polaris Software

Indian Stock Picks >> Indian Stock Pick - Polaris Software

India Stock Market Picks and Tips in Indian Shares will carry a sample of our recommendation from our newsletter services.  Some of the recommendations will be educative in nature and will provide you with an insight to the analysis process that goes into producing our award winning newsletter services.

The India Stock Market Picks and Tips in Indian Shares will help you understand the power of our analysis and the profitability of our newsletter services.

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Indian Stock Pick - Polaris Software (16th December 2004)

Indian Stock Pick - Polaris Software

Indian Stock Pick - Polaris Software

Polaris Software corrected from Rs. 210.00 to Rs. 120.00 during the May 2004 market correction. Since then (as can be seen from the chart above) and over the last five months, Polaris Software has been consolidating between 160.00 on the higher side and 140.00 on the lower side. On 15th December 2004, Polaris Software broke out of this consolidation zone with a 400% increase in volumes.

Trading Recommendation

BUY now or on a pullback to Rs. 155-160 levels (with a stoploss at 149.00) for a short to intermediate term target of Rs. 205.00 - 210.00


 
 

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