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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
Aluminium positive for short to medium term: MOSt

16-04-2014| Source:Moneycontrol.com

Motilal Oswal has come out with its report on commodities. According to the research firm aluminium is positive for the short to medium term and any dips towards $1740-1760 on the LME or 104

Nikkei slips to new six-month low on Wall St slide

14-04-2014| Source:Reuters

Some technical indicators also signalled a chance of short-term rebound, with the Nikkei's 14-day relative strength index near 30, which marks oversold territory.

Pre-poll positioning, FII inflows pushing Nifty up: Pros  

09-04-2014| Source:CNBC-TV18

but also holding them, as against an earlier period when the market witnessed trading for short-term gains.

Exit Tata Steel, says Nooresh Merani  

09-04-2014| Source:CNBC-TV18

Nooresh Merani of Analyse India suggests exiting from short positions in Tata Steel.

Nifty holds 6700; Tata Motors & SBI gain, Infy & TCS fall

09-04-2014| Source:Moneycontrol.com

The rupee is higher taking cues from a weak dollar, bunched-up inflows following Tuesdays holiday and positive equity market moves. Gilts, meanwhile, are under pressure as dealers take short

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