India Short Term Call

Short Term trading is about trading in the direction of the market trend. Put simply: Buy when the main trend is UP and Sell when the trend is Down. This is based on technical analysis. A basic moving average on a time frame chart will show the direction of the securities movement. This is not rocket science; it's basic visual realization.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. - Warren Buffet

Monday, October 29, 2007

Short Term Tips - Buy Shriram Transport Finance

Buy Shriram Transport Finance at CMP of Rs. 262

Target-1 of 285 and Target-2 of 294
Stoploss of 252

Duration - 7 days

The stock is currently trading above it's 5 and 10 Day EMA. The short term average is well above the long term average and the stock seems to be in a long term bullishness. Short term traders can expect a 10 to 12% return in a week's time.

India Short Term Call

Monday, October 29, 2007

Short Term Tips - Buy Shriram Transport Finance

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