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

NIIT Technologies buys German firm

NIIT Technologies will buy 100% stake in Softec GmbH, a German company providing IT solutions and services in airlines revenue accounting. NIIT did not disclose the value of the deal.

According to a release issued by the company to the BSE today, the company has signed a Share Purchase Agreement with the shareholders of Softec GmbH for acquiring 100% of share capital.

Softec GmbH has a major market share of about 40 small to medium airlines within Europe, Africa and Asia.

India Short Term Call

Thursday, February 28, 2008

NIIT Technologies buys German firm

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