by Ramki | Jul 4, 2011 | US Stocks outlook
Dow 30 stock – Top Mover : Alexander and Baldwin Inc I believe that many of you are interested in individual stocks in the US markets. Going forward, I will try and post my analysis of some of the Dow Jones Industrial Average or Dow 30 top movers. It could be a...
by Ramki | Apr 20, 2011 | Indian Stocks Trading
A reader posted a comment on Bharat Forge in the wrong category and hence had to be removed from there. Here is what he wrote: “BHARATFORGE CMP 353 UPMOVE IS OVER AT 370 , WILL COME DOWN TO 250 LEVELS. ANOTHER COPY BOOK PATTERN , PL HAVE A LOOK.” I am not sure that...
by Ramki | Apr 11, 2011 | Saudi Stocks Outlook
A colleague asked for Elliott Wave Analysis of Saudi Steel Pipes Company. This is a Saudi Arabia-based manufacturer of welded steel pipes. The chart shows a dramatic fall from around 36.50 Riyals in Q1 of 2010 all the way down to under 19 Riyals by Q4. The recovery...
by Ramki | Apr 7, 2011 | Indian Stocks Trading
I realize that some of you are wondering about what I think about TCS now that we have rallied to a new high this year. Recall that I was talking of a significant downmove in this stock. However, I wouldn’t be surprised if you didn’t remember that my call was more of...
by Ramki | Apr 3, 2011 | Indian Stocks Trading
A few days back, during my interview with Deepak Shenoy, I had suggested that one should wait for at least 185 to buy the stock as I continued to be bearish for that stock (it was trading around 210 at that time, in late Feb). I returned from my holidays and looked at...
by Ramki | Mar 13, 2011 | Indian Stocks Trading
I thought I’d take a quick look at the chart of CAIRN india before shutting down for the upcoming holidays. But I ended up spending a good 30 minutes trying to decipher what was going on. At long last, I have come up with my best version and here is the bottom line. A...