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| Discuss Views about Satyam at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi ppl, I am wondering whether this is the right time to buy Satyam(CMP=762) with ... |
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#1
25th April 2006, 07:03 PM
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Views about Satyam
Hi ppl,
I am wondering whether this is the right time to buy Satyam(CMP=762) with a short-mid term point of view. Thanks, EquityTracker 
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#2
25th April 2006, 07:17 PM
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Re: Views about Satyam
Quote:
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#3
25th April 2006, 11:28 PM
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Re: Views about Satyam
Quote:
Satyam is on support. A good time to risk a few bucks. But only a break above 800 will confirm the bull run towards 875. But keep a strict stop loss of 749. Jai
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#4
26th April 2006, 08:50 AM
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Re: Views about Satyam
I feel the downside in Satyam is limited. Though the results of this quarter were below expectations, the 1:1 bonus reflects the management faith on the future of the company. I would take this correction as an buying opportunity.
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#5
26th April 2006, 09:59 AM
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Re: Views about Satyam
Quote:
Hi Alok, The previous pivot low of Satyam is (756-4) and once it breaks then there is a change is trend. Normally we dont buy a stock that is not in uptrend but keep a risk and reward ratio then u need to keep tight stops. Once it takes above 805 then it looks continuation uptrend. Happy trading Raj
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#6
26th April 2006, 10:13 AM
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Re: Views about Satyam
Totally Affirmative...
Quote:
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#7
26th April 2006, 11:53 PM
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Re: Views about Satyam
Stop Loss3: 735.400
Stop Loss2: 748.200 Stop Loss1: 762.900 Buy At/Above: 775.700 Target 1: 790.400 Target 2: 803.200 Target 3: 817.900 boom boom boom get this stock its at a DISCOUNT PRICE
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#9
29th April 2006, 03:21 PM
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Re: Views about Satyam
Record Date for 1:1 Bonus is likely to be only in August..The prices should increase sharply in July end-August. to 52W high figure of 890 at least..so its time to accumulate!!
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#10
29th April 2006, 06:15 PM
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Re: Views about Satyam
i'm a novice trader but.. if i can post some opinion then satyam .. looks attractive below 750 levels.. for medium term horizon(3-6 weeks)with a stop loss below.. 735..
regds. sanefellow_213
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