Mahindra Satyam looking good on charts: Rohit Shinde
On the charts, a very strong resistance on 96 which was taken out completely.
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| Your thoughts on Mahindra Satyam?
Rohit Shinde: On the charts, we see a very strong resistance on 96 which was taken out completely and very good volumes also. Right now, it is also trading very well.
The same thing and vice versa if for KPIT- dismal volumes. No volumes at all, not only the past 1 month, at least past 3 months, no volume at all. It fell from 175 to 155 and this up move, one day one off move it could just be and just taper out. So people will be classically trapped into it.
Rohit Shinde: On the charts, we see a very strong resistance on 96 which was taken out completely and very good volumes also. Right now, it is also trading very well.
The same thing and vice versa if for KPIT- dismal volumes. No volumes at all, not only the past 1 month, at least past 3 months, no volume at all. It fell from 175 to 155 and this up move, one day one off move it could just be and just taper out. So people will be classically trapped into it.
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