Polaris to see sustained uptrend if it crosses 144 levels: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his views on various stocks.

ET Now: What is your call on Polaris?

Mitesh Thacker: On Friday we saw a very negative price movement of 10% and today is a very strong bounce back. Broadly on the upside 140-144 is the price range which the stock needs to clear. Every time it goes to about 125-120, there is a strong buying which emerges. 135 to about 140 are the levels where these bounce backs taper off. So, 144 if broadly is cleared, we might see a sustained uptrend over here.