by Ramki | Dec 24, 2008 | Indian Stocks Trading
A few days back I mentioned that Rs.324 was an important level for this stock, and a break past that will expose Rs 408. We ran into some good selling around the 324 level, and we are correcting down now. Here is an update, with two charts. DLF
by Ramki | Dec 24, 2008 | Gold
Yesterday someone told me that he has been long Gold and is very happy. I remembered that sometime back I had posted an update saying that Gold will eventually move below $650. I am now saying that we will go even lower, perhaps to $560-580. How do we profit from...
by Ramki | Dec 22, 2008 | Kuwait stocks
Many readers from Kuwait have expressed concern about the stock market there. The Government has promised a rescue of some sort, and traders are eagerly waiting for some State sponsored buying of stocks. Meanwhile, many blue chip stocks are continuing to decline, and...
by Ramki | Dec 21, 2008 | US Stocks outlook
In our post of 16 December where we presented Elliot Wave Analysis of SBA Comms Corp, we said that for this stock to come down, we really would like to see a fast paced move in that direction. Otherwise the risk increased to the upside. The main reason for this is we...
by Ramki | Dec 21, 2008 | Indian Stocks Trading
A reader has requested for technical analysis on the Indian Real Estate sector, and I chose DLF because it was first on his list. The current move looks quite strong, and all we need is a break past early resistance at 323 for it to continue to 408 area. I wouldn’t be...
