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Buy Polaris Financial: Sukhani

Buy Polaris Financial Technology, says Sudarshan Sukhani of s2analytics.com.

June 08, 2012 / 11:24 IST
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Buy Polaris Financial Technology, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "Polaris Financial Technology has a much better chart. It has confirmed a pattern of higher highs, higher lows. It did that yesterday. The big move yesterday, tell us that the move is not just a flash in the pan. Some kind of small base has been build. It will go and build a much larger base eventually. There is buying here and there is momentum, so people who buy in it can hope to get something out."
He further added, "Dr Reddys is going through a very bearish pattern now and Ranbaxy is just beginning with contours of the same bearishness. So I would be a seller in Ranbaxy. I think it’s wise to stay away from pharma and FMCG for some time now."
first published: Jun 8, 2012 10:31 am

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