Polaris has target of Rs 230: Thacker

Polaris Software Lab has target of Rs 230, says Mitesh Thacker, Technical Analyst.

Thacker told CNBC-TV18, "I think we have been lacking Polaris, Hexaware and Rolta. Hexaware Technologies particularly looks very-very good in the sense that very strong bi-singles demerger in last couple of days. I think with a very tight stoploss of about Rs 67-67.5, targets of Rs 77-78 could be tested in the short-term."
He further added, "Similarly in Polaris there is a big breakout happening on the weekly charts. As long as this stock remains above Rs 197-198 I would be quite positive look for accumulating this stock on days like this when the market opens cap down, Rs 230 is a target which we are looking at it in the short-term."