Elliott Wave Analysis of Indian Stocks

This is a chart of Unitech Ltd, India Now that the Parliamentary elections are over in India, and a decisive mandate has been given to the Congress party and its allies to continue in power, most people expect the stock market to react positively. Let us take a look...

Deutsche Rejects a Rescue, Even as Its Shares Tumble

The headline in Dealbook reads “Deutsche Rejects a Rescue, Even as Its Shares Tumble” and this prompted me to take a look at its chart. (meanwhile Goldman Sachs is said to face a $2 billion loss in Q4!). Back to DB, where you will observe an extended third wave (being...

GE under siege

I read this very engrossing story in Fortune and decided to look up that stock. Interesting to see that it has closed near the day’s high on Friday and on volume not seen the whole week. We know Warren Buffett has invested some decent money. Should we also throw in...