Elliott Wave Analysis of Tata Power

by | Mar 13, 2012 | Indian Stocks Trading

Back in January I had done some Elliott Wave analysis of Tata Power (TATAPOWER.NS) for my own use, and had planned to buy the stock on a dip to 101.65. See the first chart. The actual low came in at 102.15 and the stock rallied. Today I revisited my watc list and...

Elliott Wave Analysis of Citigroup

by | Mar 9, 2012 | US Stocks outlook

This post gives you Elliott Wave analysis of Citigroup [NYSE:C]. It is not easy to deal with corrections, and labelling the waves becomes a challenge. For example, the first ABC higher had a running flat inside it. But you can see that Wave C was equal to Wave A....

Hewlett Packard has 25% downside

by | Mar 8, 2012 | US Stocks outlook

ELliott Wave analysis warns that Hewlett Packard has 25% downside potential. Any direct recovery to around $25.40 should be sold with a close by stop, and one could start taking profits in stages from near $21.50, riding a core position down to $17.35. Take a look at...