Polaris has been trading in a range of 213-140 for last one and a half year and it is now trading at the lower end of this range and if the the range is broken with volumes then the stock could fall all the way down to 70 levels.
Thanks manoj for encouragement.........i was not able to post as there was some problem with blogger and it was not allowing me to post charts......thankfully the problem has been sorted out now.
Renu,
ReplyDeleteGreat analysis. Broke down today itself.Really look forward to your postings. Do post more frequently.
Thanks manoj for encouragement.........i was not able to post as there was some problem with blogger and it was not allowing me to post charts......thankfully the problem has been sorted out now.
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