Hold Satyam, says Mohoni

Technical Analyst, Deepak Mohoni is of the view that one can hold Satyam Computer Services.

Mohoni told CNBC-TV18, "In the last one month or so Satyam has not been falling with the market but it has not had that sort of an uptrend, which pharmaceuticals for example have had. But nevertheless this stock is a fairly good stock to hold overall as well as from the IT pack but there is a market risk element and for that reason one should place a stoploss at Rs 445 that protects the profit and below Rs 445 it goes to a two month lows. So that would imply a continuing downtrend."

Disclosure: Analyst doesn't hold the above stock.