Browsing: chart

The Indian stock market rally in 2012 caught many players by surprise. Towards the end of last year, India ranked…

Welcome to the magical world of Elliott Wave Analysis. You have probably arrived here because you wish to learn more…

The Head and Shoulders formation in probably the best known formation among traders. This post looks at how to trade…

It is official. ORCL will be buying Sun common stock for $9.50 per share in cash. Here is a quick look at the chart for ORCL from Elliott Wave perspective. Enjoy

Sometimes we celebrate too soon. I could be faulted for that vanity quite soon. But the signs are all there. A recovery to very near the resistance at $940 folowed by a $90 drop in a single session can only suggest that (a) there are no fresh buyers out there and (b) some people are actually selling even in the face of continuing troubles in the global financial markets. How else can you explain the gaps!

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The…

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met.…