Dow 30 – Alexander and Baldwin Inc

by | Jul 4, 2011 | US Stocks outlook

Dow 30 stock – Top Mover : Alexander and Baldwin Inc I believe that many of you are interested in individual stocks in the US markets.  Going forward, I will try and post my analysis of some of the Dow Jones Industrial Average or Dow 30 top movers. It could be a...

The Elusive NSEI 4800

by | 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...

NSEI 4800, here we come.

by | 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’...

Bharat Forge Ltd: Elliott Wave Analysis

by | Apr 20, 2011 | Indian Stocks Trading

A reader posted a comment on Bharat Forge in the wrong category and hence had to be removed from there. Here is what he wrote: “BHARATFORGE CMP 353 UPMOVE IS OVER AT 370 , WILL COME DOWN TO 250 LEVELS. ANOTHER COPY BOOK PATTERN , PL HAVE A LOOK.” I am not sure that...

Trading NSEI – Interesting question by reader

by | 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...