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

Thursday, February 28, 2008

Aban Offshore arm gets contract from Myanmar co

Aban Offshore Ltd has informed the BSE that a subsidiary of the company has received a Letter of Award from PTTEP International Ltd for a three-well contract offshore Myanmar, for the jack-up drilling rig Deep Driller 5, with an estimated duratio n of four months.

This contract will be in continuation of the current contract with Cairn Energy Sangu Field Ltd. The estimated contract value is approximately $25 million.

India Short Term Call

Thursday, February 28, 2008

Aban Offshore arm gets contract from Myanmar co

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