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’...
by Ramki | Apr 15, 2011 | India
There was an interesting trading question on NSEI posted by a reader, but he posted it under an update on Gold! I think the Blogging software is not clever enough to allow me to move it under the appropriate category. So I am producing the question and the reply here...
by Ramki | Apr 9, 2011 | Dubai
It is almost a year since I commented on the Dubai Financial Markets Index or DFMGI. Here is a video of my analysis. Feel free to share it with your friends and post your comments. – Ramki DFMGI-9Apr2011 Also available in You Tube
by Ramki | Apr 4, 2011 | India
Everything depends on whether or not a 5-wave move has finished at 6338. If indeed it has, then the current recovery can only be an X wave separating two sets of abc. How high can the X wave go is something we cannot be sure of. But it is safe to say that any move...
by Ramki | Feb 20, 2011 | India
The outlook for India’s much watched NSE index is that we are in a complex correction and hence would expect the current strength to peter out between 5680 and 5900. The old target of sub 4800 is still valid, in my view. So I would caution againt buying anything...
