Buy Mahindra Satyam: Rajat Bose
Maybe it will go into a consolidation mode and for it to really show some bullishness, it should cross 78 and sustain above that level and then the medium term target would become 96.
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| Updated: Rajat Bose, rajatkbose.com, in a chat with ET Now, speaks about Mahindra Satyam.
What is the call on Mahindra Satyam?
When a stock posts very disappointing numbers and yet it does not breach a major support level, it should have got some support and as of now Mahindra Satyam is still trading close to about 74. So once the result is out and yet it has not breached crucial support levels, maybe it will go into a consolidation mode and for it to really show some bullishness, it should cross 78 and sustain above that level and then the medium term target would become 96.
What is the call on Mahindra Satyam?
When a stock posts very disappointing numbers and yet it does not breach a major support level, it should have got some support and as of now Mahindra Satyam is still trading close to about 74. So once the result is out and yet it has not breached crucial support levels, maybe it will go into a consolidation mode and for it to really show some bullishness, it should cross 78 and sustain above that level and then the medium term target would become 96.
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