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Trading Terms

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Short (oversold) position

Excess of sales over purchases or of foreign currency assets over liabilities. (This is opposite to long or overbought).

News On Short (oversold) position
Smart traders sniffed out RBI alert on HDFC Bank; made a killing

20-02-2017| Source:Moneycontrol.com

Interestingly, the stock started firming up after the announcement and climbed to Rs 1382 over the next half an hour. Brokers attributed this rise to short covering of positions. Most likely

Hot on the charts: 3 stocks Reliance Securities is bullish on

14-02-2017| Source:Moneycontrol.com

NIIT Tech will see an up-move in the short-term, as rise in Stochastic & RSI from their oversold zone & crossover of its short term averages.As per the current daily set-up, we believe REC

Copper to trade in 387.1-396.9 range: Achiievers Equities

07-02-2017| Source:Moneycontrol.com

According to Achiievers Equities, Copper gained on short-covering as concerns about kinks in mine supply have helped to turn speculators positive towards copper.

Note ban will force real industry to mature: CRISIL

31-01-2017| Source:Moneycontrol.com

The research agency said that while demonetisation would have a positive impact in the long run, it would "serious pinch'' the sector in the short term.

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