Wednesday, October 04, 2006

SATYAM - 802.85
HEADING BELOW 775 LEVELS...




Now this stock looking very bad indeed in technical view. It break the trendline support which connected the lows of 560-651-769 and now at 818. Now its heading for the stronger support around 775 levels. BB support comes at that level. 200dma support is at 753. Watch out for this level. Daily RSI is below the mid-point level. Daily CCI is signalling extreme bearish.