SATYAM COMPUTER - a delivery pick

It is a very good delivery pick for medium to long term.
TECH MAHINDRA after takeover has infused Rs.1756 crs
in Satyam and the co. is also earning cash profit since Feb.09
as per confirmed report by financial new papers. So the new
management will show good result within short time.
**
Presently 50DMA is crossed by 30DMA. This also shows
strength in short term.
**
Open offer at Rs.58/- will be opened on 12th June as per
the new management's information.
**
INTRA-DAY : Buy abvoe 44.60 for target of 45.30
...........................stoploss 44.10. Trade only in low quantity
for 14th May 2009
**
HAPPY TRADING.