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Tech: ITC and RCOM Show Short Entries in Strategy. Tata Steel Override Fails.

ITC and RCOM show interesting entries (both short) in the MACD+Bollinger Reject Trades. This is a strategy with a number of winning recent trades, and follows ...

Suckered: The Case of Gujarat NRE Coke and The We-Wont-Tell-You Edition of Accounting

Gujarat NRE Coke is in an accounting mess. Businessworld writes that the company’s Australian subsidiary, Gujarat NRE Coking Coal, listed on the Australian ...

Tech: TataSteel and TCS Do Their Magic, SesaGoa Shows Potential Loss

The Technical Setup (Bollinger Reject + MACD) has now worked its magic with Tata Steel, after nearly hitting its stop loss: The trade was at 289, rolled over ...

Tech: Tata Steel and TCS Show Up Short

From the last ACC close we do seem to have some intermediate short positions showing in the MACD+Bollinger Reject system.  (HT @anayash and reader Himanshu) ...

Tech System: ACC Makes It Up 6% to Exit.

I have been testing an interesting Bollinger band reject system combined with an MACD crossover. This seems to be useful in trending times like now. I ...

Tech Note: BHEL Does Well, Look For Gap Traverse. ACC Might Set Up

In a post on August 23, I wrote about a setup I saw in BHEL which seemed to follow a nice W pattern involving a lower bollinger reject and a potential move up. ...

Tech Trades: Airtel Follows Through, BHEL Sets Up

I asked on August 6 if Airtel was setting up for a technical sell, on a Bollinger band miss and a MACD crossover. Here’s how that worked out: The stock is ...

TV18 Fires 300 But Management Stays Despite Trust Debacle

Turns out TV-18 has fired 300 people last week and it seems this is across the channels – TV18, Awaaz, CNNIBN and Lokmat. One of the terminated ones said, ...

NSEL Tells MoneyLife How They Wanted Us To Think It Works

NSEL had supposedly given an interview to Moneylife where they explain their operations. Now it appears some of this are a little awry. Here’s my take on ...

Shiv-Vani Defaults on FCCBs, Lenders Demand a Wind-up

Adding to the list of defaults is Shiv-Vani Oil & Gas Exploration Services, which has not repaid Foreign Currency Convertible bonds of $84 million. ET ...