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, April 3, 2008

Gammon Infra listed at Rs 170

Gammon Infrastructure Projects, a unit of construction firm Gammon India, was listed on the National Stock Exchange at Rs 170 per share - just 1% higher than the issue price.

The scrip touched an intra-day high of Rs 185 and was trading at Rs 163.40 at 1.25 p.m. A total of 60 lakh shares were traded on the NSE.

India Short Term Call

Thursday, April 3, 2008

Gammon Infra listed at Rs 170

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