Category Archives: Equities

How to trade using Elliott Waves

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 … Continue reading

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Posted in Indian Stocks Trading | Tagged , , | 1 Comment

Elliott Wave Analysis of S&P 500

The current rally in the S&P500 index looks powerful, and this should make people wonder about the medim term outlook for the US stock market. Readers might remember my post of 16 December 2011 where I suggested that we will … Continue reading

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Posted in S&P500 | Tagged , , , | 19 Comments

Bajaj Auto: Elliott Wave update

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 … Continue reading

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Posted in Indian Stocks Trading | Tagged | 10 Comments

The Practice of Elliott Wave Analysis

I have been receiving several messages from traders who seem to have fallen prey to the age old impulse of selling into a rally, when everything we know tells us to be patient to buy the dip. The fact that … Continue reading

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Posted in India | Tagged , , , | 68 Comments

Tesco (LSE) outlook using Elliott Wave Analysis

In today’s Financial Times, I read an interesting article by Paul Murphy that started off like this: “About 40 teams of sell-side analysts cover Tesco, the nation’s leading grocer, slavishly updating their forecasting models with every grain of fresh shopping … Continue reading

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Posted in UK Stocks | Tagged , , | 7 Comments

Bajaj Auto – Elliott Wave Analysis

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 … Continue reading

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Posted in Indian Stocks Trading | Tagged , , , | 13 Comments

India’s Nifty Outlook: Elliott Wave Analysis of NSEI

India’s Nifty stock index has been moving sideways for a few days. Having staged a decent recovery from the 4535 level that WaveTimes had identified as a key level some time back, many readers are anxious to know if we … Continue reading

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Posted in India | Tagged , , , , , | 57 Comments

Red Hat, Inc (NYSE: RHT) Elliott Wave Analysis

Nigam Arora is a market player whom I respect. He has recently suggested that Red Hat Inc should be watched because in his opinion the market is underestimating this company’s earning power and growth rate significantly. So I decided to … Continue reading

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Posted in US Stocks outlook | Tagged , , | 4 Comments