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, December 31, 2007

HOCL rides high on joint venture plans

Hindustan Organic Chemicals (HOCL) rose 4.83 per cent and closed the day at Rs 94.85 after it issued an advertisement in a leading international technical journal inviting expression of interest by various multi-national companies for forming joint venture projects.

The company made this announcement during the market hours on Monday, 31 December 2007. On BSE, 16.50 lakh shares changed hands in the counter. The stock had an average daily volume of 7.65 lakh shares on BSE in past one quarter.

1 comment:

aditiNovember 11, 2016 at 2:21 AM
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