by Ramki | Oct 18, 2011 | India
I have been receiving a steady stream of requests for an update on India’s main Stock Index. So I am presenting several charts that should guide readers in the near term. Please share with your friends and invite them to the club! Elliott Wave Analysis of India’s NSEI...
by Ramki | Aug 30, 2011 | India
I suggest that you read this even if you have no interest in Indian Stock markets! There are always learning opportunities. “Qua Vadis” or “Where are you going” NSEI is the question uppermost on traders’ mind in India. Having reached 4800, and wiping away the small...
by Ramki | Aug 19, 2011 | India
Jai Ho! Nifty reaches 4800! (Thanks to Vidhan for the catchy comment) This is a moment of elation for all those who believe in Elliott Wave Analysis, and how one can use it to profitably trade the financial markets. I think I did 5 posts in all about the Nifty,...
by Ramki | Jul 10, 2011 | India
The outlook for NSEI in the big picture is unchanged, in that we will eventually see it down to 4800. Investors should thus be patient for at least that level if they wish to purchase stocks for the long term. The recent gyrations must have tested all short term...
by Ramki | Jun 29, 2011 | India
India’s NSEI was cruising along nicely towards 4800 when all of a sudden the brakes were slammed and the index took off in the reverse direction. This has seemingly caught a lot of traders off-guard. Fortunate are the readers of Wavetimes who heeded the warning that...
by Ramki | May 3, 2011 | India
On 2nd January, we discussed the bearish implication of a move below 6069, and that move took us down nicely to under 5200. The rally from 5177 was described as an ‘X’ wave separating two sets of three-wave downmoves. We had a bit of trouble deciding how high the ‘X’...
