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
Friday, February 22, 2008
CBoP, HDFC Bk merger; board meets tomorrow
The board of directors of Centurion Bank of Punjab (CBoP) and HDFC Bank will meet tomorrow to consider a possible merger.
This was announced in releases issued by both the banks to the BSE today.
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