Stock Trading Tips, Analysis & News

Keep buying satyam in every dip because it looks strong on chart and valuation is very cheap compared to other IT shares. Market can see 12000 level within next 7-8 trading sessions due to booster package announced by Government..Also there will be another package announced in U.S soon that will also have +ve impact on Indian Market.

Finally about result, Quarter result of companies will be declared in this month and many peoples says that market will go down due to bad result but according to many expert result would be good this time due to Tax reduction and there will be increase in companies profit compared to last quarter result.

This all factors would drive market up. So keep holding your positions.

Satyam rocked again today & last 4 trading sessions it has been continuously rising, making it into Top 10 Gainers daily. Even today Satyam’s valuation is very cheap compared to other major IT companies like Wipro, Infosys, HCL Tech.

Company P/E Ratio
—————————
Wipro 10.84
Infosys 14.21
HCL Tech 9.59
TCS 10.35
Satyam 5.79
MphasiS Ltd. 11.63
iFlex(Oracle Fin.) 9.50
Rolta 6.79

If you checked above P/E figures you will find out satyam cheapest share of all. So its advisable to investor don’t trust any market rumors, even don’t trust consultant on CNBC Aawaz (Ashwini Gujaral, Bhabmwani etc..). Take your decision yourself with your own analysis.

Wish all of my Blog readers “Happy And Prosperous New Year , Hope this year all of you will earn Good Profit”