Buy Mahindra Satyam, says Sudarshan Sukhani

Published on Tue, Jan 10, 2012 at 11:37 |  Source : CNBC-TV18

Updated at Tue, Jan 10, 2012 at 14:29  

101081 Investors following Mahindra Satyam. Share this News with them.
0
0
Share on Tumblr
Sudarshan Sukhani, s2analytics.com

Excerpts from Bazaar on CNBC-TV18 Watch the full show »

ALSO READ

Sudarshan Sukhani, s2analytics.com is of the view that one can buy Mahindra Satyam .

Sukhani told CNBC-TV18, "You actually buy Mahindra Satyam. It's breaking out and making those small new highs on a lower time frame. Take a target of Rs 80 and it's possible you will get it."

He further added, "All of infra stocks are now giving buying opportunities. There is some justification for going long because they have been beaten down really badly. Now, fundamentally whether it's justified or not, it's irrelevant. Technically a relief rally is already going on. The chances are we add to the momentum."

"In IVRCL we are seeing higher highs now, breakout from a trading range. The target is Rs 36-38. Remember where it was much earlier. So it's worth buying into. Infra is a better opportunity than IT at the current time."

  

Trending News

Business News

Hands on Preview of the Samsung Galaxy S III
Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7% "Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7%"

Ranvir Sena chief killed, Bihar on high alert

TCI Fund Says Arbitration Over CIL Likely Unless Govt More Flexible

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 14:57

Delisting candidates are risky; be cautious: SMC

- in MARKET OUTLOOK

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!