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

Tuesday, January 8, 2008

Export order hopes force sugar to hit upper circuit

It was a volatile day for futures trading in agriculture commodities on NCDEX and MCX. Sugar for January delivery hit the upper circuit of 5.69 per cent at Rs 1,467 per quintal, while the February contract was up 4.63 per cent at Rs 1,490 per quintal.

“The inclusion of Kholapur as a delivery centre for sugar attracted some of the traders’ interest. Stockist and traders were seen buying heavily on hopes of export orders from Sri Lanka and Bangladesh,” said a trader.

India Short Term Call

Tuesday, January 8, 2008

Export order hopes force sugar to hit upper circuit

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