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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

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