by Ramki | Apr 12, 2013 | Indian Stocks Trading
Elliott Wave analysis of Infosys Ltd tells us that we are currently in the C wave of a serious correction. Investors have already lost over 20% in just one day! There is more to come. However, we are approaching some short term supports, and those who have deep...
by Ramki | Apr 10, 2013 | US Stocks outlook
When a reader requested for me to take a look at CLF, I almost responded with my standard reply that I receive too many such requests, and hence express my regrets. However, this time I hesitated, probably because the writer was from Argentina, and his name was...
by Ramki | Apr 3, 2013 | S&P500
I am posting this around 1.30 pm EST on 3rd April. The S&P500 index is straddling the bottom of a diagonal triangle, and a break seems imminent. What you can learn from the chart below is how the internal waves are all so related to each other, and have followed...
by Ramki | Mar 2, 2013 | Indian Stocks Trading
Elliott Wave Analysis is a powerful tool if used properly. For instance, the following Elliott Wave Analysis of Dr. Reddy’s laboratories Ltd as shown in the chart suggests that a major extended third wave has likely finished at the Rs 1968 levels. If you had this...
by Ramki | Feb 19, 2013 | US Stocks outlook
Hello! I forgot to let you know that this article on Best Buy was posted in Forbes back in Mid Jan 2013. Bloomberg is reporting that BestBuy has added 1.5% to reach $17.13 in German trading after an analyst at Barclays Bank raised the stock to over weight, the...
by Ramki | Feb 17, 2013 | US Stocks outlook
Agilent Technologies was cut to sell vs hold by some analyst last week. However, that is not what triggered a 5.23% sell off on Friday, making it the worst performer of the S&P500 index. It could be the fact that a correction of the 1st leg down as shown in the...
