Mahindra Satyam has support at Rs 90: Gujral

Mahindra Satyam has support at Rs 90, says Technical Analyst, Ashwani Gujral.

Gujral told CNBC-TV18, "Mahindra Satyam now is likely to remain ranged because overall it’s not outperforming as some of the other midcap IT stocks. So about Rs 90 is a decent support here and resistance is now around Rs 125. Once all negative news flow is discounted, around Rs 90 is good levels to get back into the stock although you would much rather trade something like an Mphasis or Polaris which are much stronger."