Extended Fifth Wave in BankNifty Index

Elliott Wave analysis is one of the most versatile tools in the hands of a trader, provided he/she knows how to use it correctly. At WaveTimes you have the opportunity to learn more about the Elliott Waves. Old timers know that my favorite formation is where we see an...

Elliott Wave Analysis of Nifty

Hello Traders from India. I know you have all been patiently waiting for some indication about your famous NIFTY index. This post will attempt to give you an idea of my current thinking. As you all know, I am not offering any trading advice on this blog. Members of...

Elliott Wave Analysis of India’s Sensex – October 2012

Over the last four years or so, this blog has been presenting you with Elliott Wave Analysis of various instruments in a variety of markets. I have shared with you veritably a treasure trove of information, and have spent countless hours answering innumerable...

Elliott Wave Analysis of India’s Sensex BSE Index

When we know that we are in the midst of a complex correction, we should expect the unexpected! India’s stock indices are a clear example. I have posted a few times about the NIFTY. Here is a look at the Sensex for a change. Elliott Wave and Fibonacci relationships...

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...

Elliott Wave Analysis of India’s Nifty Index

In this post, we shall take a look at India’s Nifty Index and consider what clues Elliott Wave Analysis offers investors and traders.The stock markets in India have been on the defensive over the last several weeks. In my last update of 4 March 2012, (Looks like...