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Satyam Computers

Discuss Satyam Computers at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Satyam computer today posted excellent numbers.The comapny has also issued positive outloook for future.They have ...


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  #1  
Old 20th October 2004, 03:50 PM
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Thumbs up Satyam Computers

Satyam computer today posted excellent numbers.The comapny has also issued positive outloook for future.They have declared an Interimn div of Rs 2/-.Record date for the same has been fixed as 4Nov.Keeping these factors in mind Satyam computers can be bought for investment.The price target for Satyam is 475/- in medium to long term.
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  #2  
Old 20th October 2004, 09:49 PM
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Default Re: Satyam Computers

Dear Traderji: Inspite of good results, satyam which opened positively today, went down. Interim dividend is also Rs 2/-. But even then, it has not given any momentum to this tech stock..Your analysis on this please..regards..harkara
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Old 21st October 2004, 11:06 AM
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Default Re: Satyam Computers

Satyam Computeres is in an correction mode. It could come down to 365.00! I would suggest a wait and watch. BUY on strength.
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Old 24th October 2004, 09:27 PM
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Default Re: Satyam Computers

Satyam Comp has made a HAGGARTY 1-2-3 pattern.. shud bounce for a while!
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Old 25th October 2004, 02:51 PM
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Default Re: Satyam Computers

Quote:
Originally Posted by im3vil
Satyam Comp has made a HAGGARTY 1-2-3 pattern.. shud bounce for a while!
It sure did FALL DOWN rather than bounce!
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Old 25th October 2004, 09:44 PM
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Default Re: Satyam Computers

well one can be always rite!

to err is human!
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  #7  
Old 25th October 2004, 10:12 PM
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Default Re: Satyam Computers

According to CNBC, satyam suffered because its results were declared at approxsame time as Infosys,Wipro and TCS and it was not found good enough relatively though in absolute terms it may have done well. Win some, lose some
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Old 26th October 2004, 08:07 AM
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Default Re: Satyam Computers

Satyam Computers

The triple bearish divergence and there after the break of the trend line confirmed the downtrend in Satyam Computers.

One does not need to know rocket science to see this fall coming. Just the basics will do!

See attached chart.
Attached Images
File Type: gif satyam20041026.gif (14.0 KB, 47 views)
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  #9  
Old 26th October 2004, 08:30 AM
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Default Re: Satyam Computers

Thanks for specifying. I presume that the upper graph is MACD histogram.
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  #10  
Old 26th October 2004, 10:01 AM
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Default Re: Satyam Computers

Quote:
Originally Posted by sh50
Thanks for specifying. I presume that the upper graph is MACD histogram.
Exactly, I used the MACD Histogram considering that you were reading "Trading for a Living"!
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