Sell Mahindra Satyam, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Mahindra Satyam charts were nice. Now it is breaking support levels, so sell it. One cannot go short in it because it is not in the futures and options (F&O) space. However, it is short sell for intraday traders, and for those who intent to buy it, do not buy."

At 11:10 hrs Mahindra Satyam was quoting at Rs 106.10, up Rs 2.95, or 2.86 percent. It has touched an intraday high of Rs 107.40 and an intraday low of Rs 101.85.
The share touched its 52-week high Rs 131.20 and 52-week low Rs 78.30 on 28 March, 2013 and 12 June, 2012, respectively. Currently, it is trading 19.13 percent below its 52-week high and 35.5 percent above its 52-week low. Market capitalisation stands at Rs 12,491.42 crore.