by Ramki | Mar 9, 2011 | Indian Stocks Trading
A reader asked how to deal with freak price movements, and cited the stock of Ashok Leyland as an example. Apparently, such movements are common in mid-cap stocks. Well, I decided it is worth the time to look at Ashok Leyland, and here is the Elliott Wave Analysis. As...
by Ramki | Mar 7, 2011 | Indian Stocks Trading
The CEO of TCS says demand pipeline looks good, and better client spend in FY12. Also there is no business impact now from unrest in Middle East. So why on earth (rather why in BSE) is the stock price of Tata Consultancy Services trading at 1108.75 today, down 2.27%...
by Ramki | Mar 5, 2011 | Indian Stocks Trading
Using Fibonacci Ratios: State Bank of India – SBIIn this short clip, I wish to demonstrate how one could have anticipated a low-risk trading opportunity in State Bank of India stock. Enjoy!
by Ramki | Dec 15, 2010 | US Stocks outlook
The outlook for banking giant Credit Suisse ( CS.N) is not as straight forward as that for Citigroup. However, there are plenty of interesting things you can see in the attached chart of Credit Suisse ADR. Clearly, when you get a huge rally in a short period of time,...
by Ramki | Dec 14, 2010 | US Stocks outlook
Citigroup stock has been consolidating for over a year, and we have finally got the break to the upside. The outlook for Citi remains positive over the next several months, and I see it eventually reaching $6.38 from the current price of $4.81, thats a cool 30%...
by Ramki | Jun 1, 2010 | UK Stocks
Just over 3 weeks back the Wall Street Journal reported in its Market Watch that analysts were saying BP’s tumble on oil spill was overdone. It quoted analysts’ target of 730 pence for the share from its current level of around 575 pence. Elliott Wave Analysis of BP...
