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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
Buy Bombay Dyeing, target Rs 295: Sumit Bilgaiyan

16-04-2018| Source:Moneycontrol.com

Dyeing with target price of Rs 295 in short term. Long term is also looking positive," says Sumit Bilgaiyan, Founder of Equity99.

Use pullback rallies to go short on Nifty; 3 stocks which could give up to 17% return

07-04-2018| Source:Moneycontrol.com

One can look to build a short position at the current level and add to it as the Nifty breaches 10200 on the downside with 9950-9800 as targets in sight.

Nifty likely to move towards 10,420; Jindal Steel & Power a good buy in short term

06-04-2018| Source:Moneycontrol.com

Nifty is likely to get into a consolidation in the price band of 10,280 to 10,370 before next leg of up-move towards 10,420. Trade with positive bias. says Jaydeb Dey, Technical Analyst at Stewart

Nifty likely to consolidate further; top 5 stocks to buy in the near term

05-04-2018| Source:Moneycontrol.com

"Nifty Bank closed lower at 24129.50 down 381 points ahead of RBI policy due later today around 2.30 pm. It opened with positive note but failed to close above its short term moving average

Nifty likely to face resistance around 10,350-10,380; top 5 stocks to buy in the near term

04-04-2018| Source:Moneycontrol.com

"We expect next upside resistance for Nifty to be around 10,350 and 10,380 which comes to be our immediate short-term targets. Bank Nifty is also showing some positive signs of reversal

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