by Ramki | Nov 16, 2016 | Indian Stocks Trading
Back on 2 October 2016, PI Industries Ltd was trading around the Rs.831 level. The outlook was still positive, and some big-name players were increasing their stakes in this company. However, coat-tailing blindly as many people are wont to do may not be the smartest...
by Ramki | Apr 30, 2012 | US Stocks outlook
Is Bank of America (NYSE: BAC) a long-term buy? Let us consider this question from an Elliott Wave point of view. We start the analysis with a weekly chart of BAC. You can observe the prior steep sell off has finished with a five wave downmove, and importantly the...
by Ramki | Apr 26, 2012 | US Stocks outlook
Read Ramki’s ELliott Wave Analysis of Caterpillar at MarketWatch posted today 26 April 2012
by Ramki | Sep 4, 2011 | GBP
The Pound has finished a five wave move from 1.4235 to 1.6720. Hence, we will be looking for a correction that is bigger than either of the two corrections seen during the 5 wave upmove. All corrections tend to be in sets of three waves (or their combinations) As wave...
by Ramki | May 10, 2009 | S&P500
The current uptrend in the S&P500 has more time to go In recent updates I have called for the S&P500 index to remain well bid, warning we could see it reach its first target of 937 in this short term up trend. That level is very close, and not far from another...