Technical analysis: Daily Trading Desk: 2 trades for short-term gains; spirits stock for over 5% gain, a mid-cap IT services stock for 6% upmove

On a very choppy day of trade on Monday, the Nifty oscillated over 300 points on both sides before ending on a flat note. The index saw a negative start to the day; it formed its low point in the first hour of the session. It saw a strong rally after that, which saw it rebounding over 330 points from its low. This recovery was sold into and the Nifty gave up all the gains again to trade around its previous close. Despite such choppy,

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