by Ramki | Nov 17, 2016 | Indian Stocks Trading
Anyone who trades in the Indian Stock market would have heard of Mr Rakesh Jhunjhunwala and how he made his vast fortune. But Economic Times has run a story this morning about how he has lost $200 million in about 2 weeks. And a few minutes back, I read the news that...
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 | US Stocks outlook
Elliott Wave analysis of the Willdan Group stock (NASDAQ:WLDN)reveals some interesting clues. The most important one of course is it has likely embarked in wave 3, and that means a minimum upside target of 7% from even the current levels, but likely much more. Willdan...
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 | Apr 1, 2016 | US Stocks outlook
Readers of the Elliott Wave Analyses on this blog would remember that on 8th February it was suggested that investors in Freeport-McMoran Inc. might consider buying on a dip between 50% and 61.8% of the rally from the $3.52 low. That low came on 11 Feb at $4.65 (over...