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, November 5, 2007

Short Term Tips - Buy Vijaya Bank

Buy Vijaya Bank at CMP of Rs. 63

Short Term Target of 68
Stoploss at 61

Duration - 15 days

The stock is currently trading above it's 30 Day EMA. The short term average is well above it's long term average and the stock seems to exhibit a long term bullishness. The current rise in stock is also being currently supported by an huge spurt in volume. Investor can expect a decent return of 8 to 10% in 2 weeks time frame.

India Short Term Call

Monday, November 5, 2007

Short Term Tips - Buy Vijaya Bank

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