by Ramki | Jan 20, 2012 | Indian Stocks Trading
On January 10, I had suggested that Bajaj Auto appeared to be a good candidate that could go against the gathering bullishness in the overall market. The speed of the recovery in this stock is unsettling, and I have clearly become over confident about the prospect on...
by Ramki | Jan 15, 2012 | UK Stocks
In today’s Financial Times, I read an interesting article by Paul Murphy that started off like this: “About 40 teams of sell-side analysts cover Tesco, the nation’s leading grocer, slavishly updating their forecasting models with every grain of fresh shopping info....
by Ramki | Jan 10, 2012 | Indian Stocks Trading
Elliott Wave Analysis is a dynamic tool. We should not use it as a simple forecasting tool, rather as something which will guide our trading decisions. We should look at our charts, and make up our mind as to what is the most likely scenario. Then we sit and wait. If...
by Ramki | Jan 8, 2012 | US Stocks outlook
Nigam Arora is a market player whom I respect. He has recently suggested that Red Hat Inc should be watched because in his opinion the market is underestimating this company’s earning power and growth rate significantly. So I decided to check it out. From an Elliott...
by Ramki | Jan 4, 2012 | US Stocks outlook
I wished my well-meaning colleague a happy New Year and asked him how his portfolio was doing. He said it was doing swimmingly well. So I asked him what stocks he would recommend to me for the long term and he suggested to take a look at Altria Group. And boy! What a...
by Ramki | Jan 3, 2012 | Indian Stocks Trading
In my last Elliott Wave update for Indian stocks, I pointed out that ICICI bank was approaching a buy zone. At that time, I was suggesting buying in stages from 620, but you could have done better and purchased at 642 if you had followed the methods described in Five...
