by Ramki | Nov 16, 2016 | Indian Stocks Trading
Back on 2 October 2016, PI Industries Ltd was trading around the Rs.831 level. The outlook was still positive, and some big-name players were increasing their stakes in this company. However, coat-tailing blindly as many people are wont to do may not be the smartest...
by Ramki | Oct 2, 2016 | Indian Stocks Trading
Let me start with a brief introduction of PI Industries Ltd to readers who are not familiar with Indian Stocks. (Remember, this blog exists to help you understand how to use Elliott Waves better. For those who want personalized service, the exclusive club of WaveTimes...
by Ramki | Aug 12, 2016 | Indian Stocks Trading
There have been persistent requests from my readers in India for articles on how to use Elliott Waves to invest in Indian stocks, and this post looks at Hindalco. Let us start from the February 2016 low of 58.80. A lot of traders would have been reluctant to buy...
by Ramki | Jan 23, 2015 | Indian Stocks Trading
(Please read important update at the end of this post) Ever so often, Elliott Waves helps the investor from making mistakes. For example, when I read the news that Rakesh Jhunjhunwala, the ace investor,had increased his position in Polaris, I decided to see what...
by Ramki | Dec 1, 2013 | Indian Stocks Trading
After posting a significant low on 23 August 2013 at 100.15, BHEL uptrend has gathered steam and has closed above the weekly trend line resistance. Furthermore, it has closed ABOVE two recent tops. I had discussed the bullish possibilities for this stock in Elliott...
by Ramki | Nov 18, 2013 | Indian Stocks Trading
Elliott Waves Analysis can be a powerful tool in the hands of an alert trader. A few days back, I had suggested that Hindustan Dorr Oliver stock (NSEI:HDRR) Was set to roar having already completed a five wave down move and looked ready for a bullish triangle...