Trading Recomandation 22-09-2009

1. ORBIT CORP :- BUY ABOVE Rs.204 TARGET 215 THEN 232 SL 189
2. FSL :- BUY ABOVE 36.50 TARGET 39 THEN 42 SL 31.95
3. KLG SYSTEL :- BUY ABOVE 215 TARGET 232 THEN 245 SL 199

• SATYAM COMPUTER

• Present Price – Rs.119.80,

• Projected price – Rs.150 plus

The stock has been a strong outperformer ever since the Mahindra’s have started managing the show. Buying is advised at current levels with a stop loss of Rs.104. Target of the stock works out to Rs.150. Long term investors with a one year time frame can even expect a target of Rs.200 plus.