Hold Polaris Financial Technology: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Polaris Financial Technology's chart is suggesting that it has more upside, so one should just hold on. There will be corrections in the way but there is a very reasonable target ahead."

"If someone is a short-term investor then at Rs 125-130, which is where Polaris is now, there is lot of resistance. So as a short term trader one should just get out," he said. At 12:26 hrs Polaris Financial Technology was quoting at Rs 117.05, down Rs 0.95, or 0.81 percent. It has touched an intraday high of Rs 119.00 and an intraday low of Rs 116.10. The share touched its 52-week high Rs 147.30 and 52-week low Rs 96.10 on 20 September, 2012 and 14 May, 2013, respectively. Currently, it is trading 20.54 percent below its 52-week high and 21.8 percent above its 52-week low. Market capitalisation stands at Rs 1,164.74 crore.