BUY MAH.SATYAM - a delivery pick

SAY
Mahindra SatyamRate SAY
CAPS Rating 4/5 Stars
**It is from motley fools.com for reference.
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Excellent delivery pick due many change in
fundamentals :
- Additional 20% shares will be issued to TECHM.
- Promoters of TECHM are very keen to clean Mah.satyam.
- Big cash earning company - ranking is 4th.
- In longer term it may be merged to TECHM.
***
TECHNICALLY IT CAN GO UPTO 114.70 IF IT HOLDS
ABOVE 57/- ON CLOSING BASIS.
***
So be greedy for this company in such a uncertain market.
Happy Trading..

SATYAM - intraday

BUY SATYAM ABOVE 70.65 STOPLOSS 69.80 FOR TARGET OF 72.70 AND 74.50 ON INTRADAY BASIS FOR 7TH JULY 2009 *** use strict stoploss while trading *** HAPPY DAY TRADING..

Interim Budget and it's impact on our markets.

Nothing on the fuel policy, foreign direct investment, and disinvestment roadmap, fiscal deficit is seen at 6.8% versus 6.2% in the interim budget .... I don't know how our Honourable Finance Minister is expecting GDP at 9% ?????????
And share market reacted on this news, it was expected but the reaction was little more than expectation. We are expecting sideways movement till the further news come in, global clues are also showing bearish trend .

MARKET OPINION

MARKET is moving in uncleared direction.
So be cautious and save yourself from unexpected
losses.
**
Hold your longs above 4412 (nifty spot)
for 6th July 2009.
**
HAPPY DAY TRADING.