Start Accumulating Mahindra Satyam

One can buy Mahindra Satyam closer to Rs 120, Mahindra Satyam happens to be a stock which is there on my pick. We have seen this gradually move up from Rs 106 odd levels to Rs 120 levels in the last couple of days. It’s staying above that Rs 120 odd levels, which is showing that it’s on a breakout above Rs 116. Short-term targets will continue to be closer to about Rs 133 odd levels. But in the longer-term I am picking charts which are showing much long-term pattern rather than just a trading pattern for the short-term. So this is a breakout target, probably the longer period targets would be closer to Rs 145-150. So on any dip if it opens weak today or closer to Rs 120, it makes a good buying opportunity into this stock.

This stock has potential to grow more than 100% in 12 to 18 months time frame. Start accumlating

on every dip.