Review of Teledata Info: May 5 prediction

On May 5 on www.astrogurus.com we predicted

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Teledata Informatics: Is there any hope for Investors?

Teledata Informatics (TD) as traders and investors know it is like Munnabhai -cannot be seen without Circuit. For last several days TD has been hitting lower circuit after a stupendous rise over last few months with constant hitting of upper circuit during upward movement ( LC was hit during earlier phases of profit booking also)Based on tarot cards, it seems that while some breather might soon come for TD, stock bashing will be prodominant this month.However the good news is that certain dramatic developments will take place around next month- we interpret this as definite announcement of demerger dates which will give life to this stock."

Review: At the time of article TD was trading above current values and was further battered down before recovering. However June was TD share prices being again battered down to as low as Rs 52 per share.However June last phase has seen a good revival of nearly 30-35% based on goodnews flow including demerger information though no firm news about demerger has been announced