Friday 31 October 2008

Satyam, Infosys can do well: Mohoni

Technical Analyst, Deepak Mohoni is of the view that technology now is getting interesting. It was pretty weak but if you look at the last two-three weeks, technology stocks are substantially up from their lows. If this develops into a bit of an intermediate uptrend, Satyam, Infosys could do pretty well.

Mohoni told CNBC-TV18, "Technology now is getting interesting. It was pretty weak but if you look at the last two-three weeks, technology stocks are substantially up from their lows and Satyam is one of those stocks that is doing quite well in this rally, Satyam and Infosys in particular. If this develops into a bit of an intermediate uptrend, Satyam, Infosys could do pretty well."

Source: Moneycontrol

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