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  #1  
Old 24-04-2008, 08:45 PM
jgidwani jgidwani is offline
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Join Date: Dec 2007
Posts: 7
Thumbs down Polaris ------

Hi,

I am holding polaris 3100 shares bought in intraday at 111.40 4 days back, but it did not live upto the expectations,

Right now its 101.00. is it likely to give a short rally in a day or two so i can book minimal profit and exit ?

Please advice, i am worst condition, your help is sincerely appreciated ..!

Thanks
Jitendra
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  #2  
Old 25-04-2008, 06:17 AM
desidata desidata is offline
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Join Date: Jan 1970
Posts: 87,032
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Dear Sir,

This stock is struggling , initially the numbers are not so good and then the deferrment of buy back also the main issue of the fall.

yesterday in the closing IT looked strong and we may see IT stocks doing well today, it is will very difficult to say how it may trade today but looking at the overall view of other markets we may perform well

we see the stock has first resistance 103.85 and then at 108 , hold the stock keeping stop loss at 92

cheers
dD
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