by Ramki | Mar 28, 2012 | Indian Stocks Trading
Yes Bank is one of the new private banks in India and its stock has been going places from the 2009 lows. Here’s an Elliott Wave analysis of Yes Bank Ltd. Even if you have no interest in Indian stocks, you can learn from the charts. Enjoy.
by Ramki | 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...
by Ramki | Feb 13, 2012 | Indian Stocks Trading
Elliott Wave analysis of Wipro (WIT) should have warned you that the stock was close to a near term top. A five wave move was completed at 450.45 on Feb 10th, and the Goldman Sachs downgrade was the trigger for the ordinary investor to sell. But as you are a believer...
by Ramki | Jan 29, 2012 | Indian Stocks Trading
This post seeks to illustrate how to trade using Elliott Waves. My goal is not to give you a comprehensive answer to this question, but to show you how to deal with a move that is happening. The Indian markets have been moving nicely higher in recent weeks, and I am...
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 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...
