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

Tuesday, April 1, 2008

Gujarat Apollo makes AEML its subsidairy

Gujarat Apollo Industries has made Apollo Earthmovers (AEML) its subsidiary company to carry out its construction equipment business.

According to a release issued by Gujarat Apollo to the BSE today, the company has increased its investment in AEML from Rs 5.90 crore to Rs 13.30 crore. It has also lined up an additional investment of about Rs 1.20 crore in Apollo Construction Equipment (ACEPL), which the company plans to convert into a subsidiary in financial year 2008-09.

India Short Term Call

Tuesday, April 1, 2008

Gujarat Apollo makes AEML its subsidairy

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