Stock Price Update

Search For the Scripts in this blog

Saturday, March 13, 2010

Mahindra Satyam

All have heard a lot about this stock ,as it has travelled from bottom to top.Without wasting more time about the details of it i am giving my call on it

Satyam Computer Services
500376 SATYAM Group (B)
current price:- 98.40

call from me buy around:-95
Target:- 150,200
Duration:-  6months -1 year

Risk factor is very minimal as stock is already on downside,just patience is required to hold this stock long term may go upto 200

I know there is still proft in this counter but i would advise to book profit in this counter and move ahead in some other counter as future dosen't seems to be good for satyam because there is obious plans of demerger of satyam with Tech mahindra and once that happens investors in satyam will not get that much benefit.
Exit from this counter slowly and enter in good IT counters which will gain more in same time.

Cheers

Lets Get Started With The Business

My first Stock Pick which i am revealing here.

Strides Arcolab
532531 STRIDES Group (B) BSE





current price:-330.75


A hot cake in pharma!!!
.The profit from these collabrations like glaxo smith and other big advertising contracts would be reflected in results from 2009 onwards

Call from me:- buy range around 300
Target:- 500 -700,lower side target
Duration:- 1-2 years

I would like to reiterate on this share and revise the future target for Strides Arcolab to be rs 1000 in about 2-3 years time,buy as much as you can on dips its already running at 463 which i feel is a bit on higher side to enter now,but if you are eyeing for long term than there is no hesitation in gain.

For short term to medium term investors just wait for some market correction you can enter into stock at 400 levels and enjoy 20-30% profit in 6months time from there on.