POLARIS SOFT (107.50)

FINALLY POLARIS REACHED THE CRITICAL AREA, WHERE IT HAD TAKEN A GOOD SUPPORT IN THE PAST MONTHS AND FROM THERE IT FALL TO THE 2 DIGIT LEVEL OF 51.8. NOW THE 108-110 IS THE HEAVY RESISTENCE. 108 IS 200DMA AND MORE IMPORTANTLY IT JUST CLOSED ABOVE THE TRENDLINE A (see on the charts). AS U SEE ON THE CHARTS WE'RE SEEING THE 3 STRAIGHT DAYS CLOSING ABOVE THE TRENDLINE A. I JUST WANT TO SEE ANOTHER FEW DAYS THAT WHETHER IT IS JUST A FLUKE OR IT IS TRYING TO CROSS THE TRENDLINE A FOR THE LONG TERM BULLISH. IN CASE IF IT IS FLUKE THEN IT TAKE SUPPORT AT THE LEVEL OF 95-85 AND THEN AT TRENDLINE B. I GUESS IT MIGHT TRADE WITHIN THE RANGEBAND OF 95-85. IF IT KEEP ON RESISTING THE TRENDLINE A THEN IT GET WEAKER. SUCCESSFULLY SUSTAIN ABOVE THE 108 AND THE TRENDLINE A THEN WE CAN SEE THE LEVELS OF 150. AND ALSO JUST LOOK THE CHARTS, IN THE RECENT RALLY FROM EARLY JULY 06 TO EARLY PART OF AUGUST 06 THE STOCK RALLIED FROM THE LOW OF 70 TO 100 LEVEL. ONE SIDE THE PRICE IS MOVING UP AND ANOTHER SIDE THE ONE TIME STAGGERING VOLUME OF 37 ODD LAKH SHARES AND SINCE THEN IT KEEP ON SLIDING. OVERALL LOOKING INTO IT I'M TENDING TO SELL THIS STOCK AT THIS LEVEL. FROM HERE ON THE STOCK MUST STAY ABOVE THE 125 LEVEL FOR BULLISH SIGN. OVERALL NOT WORTH OF HOLDING THE STOCK. SELL THIS STOCK ON RALLY.