Elliott Wave update on Nestle India

Elliott Wave Analysis of Nestle IndiaNestle India has been one of those steady performers in the long run. However, the long-term investor needs to take note of a potential diagonal triangle in the fifth wave position. As explained in my book Five waves to Financial...

Elliott Wave Update ~ 8 July 2012 ~ Nifty Index

In my Elliott Wave update of India’s Nifty Index that I wrote on 4 March 2012, I had anticpated that we will have some considerable weakness from around 5600. And indeed, we saw a decline all the way to 4770 by 4 June 2012. (See Looks like Indian stock market rally is...