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, March 31, 2008

Bhushan Steel plans Rs 500cr unit in Chennai

Bhushan Steel is planning to set up a value added steel plant in Chennai with a production capacity of 0.5 million tonne per annum and total investment of approximately Rs 500 crore.

The company has also lined up investments of Rs 26,000 crore to build 12 million tonne capacity in West Bengal, Jharkhand and Orissa.

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L&T Motors Chennai
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