On March 6th Satyam was showing bullish signals which was indicated in the blog on that day.The targets given were 44.75,47.85 and 50.90.Today Satyam made a high of 52.90.If it manages to close above 51, it is headed for 60.90.Since the counter was news based it was told to trade with caution.There are rumours that IBM could bag Satyam.Other prominent bidders in the race are L&T and B.K Modi owned Spice Group.
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