Buy Satyam at Rs 110-114: Gujral

Gujral told CNBC-TV18, "Satyam is a buy on bad news, which takes it at around Rs 110-114 and sell on good news, when it goes upto Rs 159-160. I think going by what is happening the management won’t quit so easily, so you will get those spikes down to Rs 115-120 type of levels. So, if you have to trade get in on bad news to those levels and sell whenever there is some good news. I think beyond Rs 160 will happen only once there is some durable good news and then significant resistance would be around Rs 200."

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