Shirish Sha

Short selling is not complex but the concepts of short selling are not so easy to understand, especially for investors. Generally investors buy stocks and hold it until it appreciates and make profit when it rises, while short selling is opposite of that, in shorting stocks investors make money only when a shorted security falls in value.

Always remember that parabolic rises can encounter severe downturns particularly in silver which tends to be volatile. Let's wait for long term support and a shakeout to reinitiate our short term positions.

Essar Oil, part of Ruia family's Essar group is engaged in exploration and production (E&P), refining and marketing of oil and oil related products.

On technical viewpoint, stock has shown upward bias after having consolidation around Rs 420. In close proximity we believe stock is well poised to move in upward direction.

Asian growth will continue to be driven by economic powerhouses China and India. The IMF expects the Chinese economy to grow 9.5% while India will expand about 8% over the next two years.

For the first time, the international organization has set a date for the evolution when the "Age of America" will finish and the U.S. economy will be leaving behind by that of China.

The Foreign Institutional Investors on the other hand ploughed back their money from the local markets to the extent of Rs 2,703 crore in the week on expectations that deteriorating domestic macro headwinds will have adverse impacts on the companies' earnings thereby reducing the returns on investment.

Volatility is a measure of how rapid price changes have been statistical volatility (SV) and what the market expects the price to do implied volatility (IV). When volatility is high, buyers of options should be wary of straight options buying, and they should be looking instead to sell options.

The key point of this article is not to say that gold will not rise is if the US dollar falls it is to point out that gold is no longer as effective as a USD hedge. In conclusion we hope to have shown that gold simply isn't a clean hedge against the USD any more.

In last quarter Lupin has also got the final approval of Nabumetone used for acute and chronic treatment from the department USFDA. The annual sale of the Nabumetone in US market was $66.80 million for the twelve months ended September 2010.