Options Trade in Satyam - Santosh Gundecha

Satyam Computers had given falling Channel breakout yesterday. It is re testing the breakout levels today. Market is down today due to weak International Markets and LEFT Front Meeting to withdraw support.

Satyam Computer Options can be bought:

Buy 480 CA July at Rs 10 with stoploss of Rs 5. Max Risk is Rs 3000 per lot.

If market sustains (and of course political stability), Satyam can show target of 495 > 510.