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
Short Tech Mahindra, says Sukhani
Tech Mahindra is a disappointing chart. After a big decline a rally started and that rally fizzled out and is going down, so keep short positions in it, says Sudarshan Sukhani of s2analytics.com.
Sell Chambal Fertilisers, says Sukhani
Chambal Fertilisers and Chemicals is a positional short and because it is sometimes volatile, it can also give us a day trade reasonable enough to take it, says Sudarshan Sukhani of s2analytics.com.