by Ramki | Mar 13, 2011 | Indian Stocks Trading
I thought I’d take a quick look at the chart of CAIRN india before shutting down for the upcoming holidays. But I ended up spending a good 30 minutes trying to decipher what was going on. At long last, I have come up with my best version and here is the bottom line. A...
by Ramki | Mar 11, 2011 | Inr
The CFO of a large corporation based in India asked me whether it is possible to analyze the USD/INR using Elliott Wave Analysis. His company has significant exposures to the foreign exchange market, and even a small move in the exchange rate of the Rupee will have a...
by Ramki | Mar 10, 2011 | Soybean Oil
On 14th December 2010, Wavetimes had suggested that Soybean Oil Futures could travel as high as 59.68, and I had posted a sell recommendation around that target. The actual high was seen on 10th Feb 2011, and it would have been possible to pin point the completion of...
by Ramki | Mar 9, 2011 | Indian Stocks Trading
A reader asked how to deal with freak price movements, and cited the stock of Ashok Leyland as an example. Apparently, such movements are common in mid-cap stocks. Well, I decided it is worth the time to look at Ashok Leyland, and here is the Elliott Wave Analysis. As...
by Ramki | Mar 7, 2011 | Canadian Stocks
Fairfax has a great story to tell ( thanks to my friend Deepak Shenoy, whose post in Capital Mind alerted me to this stock). FFH has reported compound growth in book value of 24.7% over 25 years.. wow! should I buy that stock now? I would urge some patience, even if...
