Nifty rallied up in 5 waves

by | Jul 10, 2015 | India

I have been seeing several queries on the blog asking if the move to 7700 (as discussed on CNBC) is still coming, now that we have rallied up in 5 waves. So let’s try and clear up the air a bit. The real goal of any analysis is to make money. Some people, however,...

Nifty, Tata Motors, ICICI and SBI outlook Ramki on CNBC

by | Jun 11, 2015 | India

Hello folks, CNBC India reached out to discuss the outlook for Nifty, Tata Motors, ICICI and SBI. Here is the link for that: http://www.moneycontrol.com/news/market-outlook/exit-longs-till-nifty-hits-8400-wavetimescoms-ramki_1405518.html Trading is all about listening...

Elliott Wave Analysis of Nifty

by | Jul 3, 2013 | India

Hello Traders from India. I know you have all been patiently waiting for some indication about your famous NIFTY index. This post will attempt to give you an idea of my current thinking. As you all know, I am not offering any trading advice on this blog. Members of...

Elliott Wave Update ~ 8 July 2012 ~ Nifty Index

by | Jul 8, 2012 | India

In my Elliott Wave update of India’s Nifty Index that I wrote on 4 March 2012, I had anticpated that we will have some considerable weakness from around 5600. And indeed, we saw a decline all the way to 4770 by 4 June 2012. (See Looks like Indian stock market rally is...