Hurst Cycles Trading Software - Accurately Forecast Nifty and Stock Cycles

Tuesday, November 18, 2008

Exit Longs and Going Short for next few days

Yesterday I exited all longs and went short around 2760 Nifty....I am hedged so will continue to hold even if we go higher.

Best.

1 comment:

Vetri Pandit said...

Tata Teleservices - zero down side and 15% immediate returns : Open Offer at Rs 24.70/-

Japan's largest mobile operator NTT DoCoMo on Wednesday became the latest entrant in the growing mobile telephony market when it picked up a 26 per cent stake in the Tata Teleservices for a consideration of $2.7 billion or Rs 13,070 crore.

This deal would value TTSL, with its customer base of 30 million, at over $10 billion.

DoCoMo Inc later on Friday announced a Rs 949 crore open offer to the shareholders of Tata Teleservices for up to 20 per cent equity at Rs 24.70 per share.