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Short term trading refers to those trading strategies in stock market , futures market in which the time duration between entry , exit is within a range of few.
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If the index manages to break above 10 350 then we may see a strong short covering rally in the index which could extend the rally towards 10600 levels in the near term.
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A day trader is a trader who adheres to a trading style called day trading This involves buying and subsequently selling financial instrumentse g stocks, options.