by Ramki | Mar 7, 2011 | Indian Stocks Trading
The CEO of TCS says demand pipeline looks good, and better client spend in FY12. Also there is no business impact now from unrest in Middle East. So why on earth (rather why in BSE) is the stock price of Tata Consultancy Services trading at 1108.75 today, down 2.27%...
by Ramki | Mar 5, 2011 | Indian Stocks Trading
Using Fibonacci Ratios: State Bank of India – SBIIn this short clip, I wish to demonstrate how one could have anticipated a low-risk trading opportunity in State Bank of India stock. Enjoy!
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...
by Ramki | Jan 12, 2011 | Dow Jones
The last time I looked at the chart for the Dow was back in May 2010, where I warned of a downmove to 9000 levels. The correction went only to 9600 area, (still a nice 11% down from the time of the update). Examining it with fresh eyes and more price action reveals...
by Ramki | Jan 2, 2011 | India
In a recent update, I had pointed out that traders should wait for the imminent recovery to run its course, and join in the selling when we eventually get an overlap of the 6069 level on the way down. At the time of writing that comment the NIFTY was around 5944...
by Ramki | Dec 15, 2010 | US Stocks outlook
The outlook for banking giant Credit Suisse ( CS.N) is not as straight forward as that for Citigroup. However, there are plenty of interesting things you can see in the attached chart of Credit Suisse ADR. Clearly, when you get a huge rally in a short period of time,...
