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Category Archives: India
Has India’s NIFTY topped out?
How conveniently the 2-G scam has boiled over just when the NIFTY index has come within a handshake of the 2008 highs! But if you go back in time and look at all major events, you will find that technicals … Continue reading
Posted in India
17 Comments
Elliott Wave update on India’s Sensex
Some readers have been asking about outlook on Sensex. I had done this a few days back but forgot to post it. As usual, the main comments appear on the chart itself.
Elliott Wave Analysis of India’s Sensex
Sometimes a wave count will remain valid for a long time. This is the case with India’s Sensex. I had posted my wave count back on 4th January 2010. At that time, I suggested that we will see the development … Continue reading
India’s Sensex Update 4 Jan 2010
Two consecutive closes above the prior significant high means we should re-evaluate the wave counts and this has been done on the chart. The main suspect until this time is what I have labelled a 5th wave of the third … Continue reading
Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice
Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the … Continue reading
Posted in AUD, GBP, India
Tagged British Pound, currencies, elliott wave analysis of AUD, Forex, GBP/USD, Sensex outlook, Sterling Pound
3 Comments
India’s Sensex: Technical Analysis
No change in the technical outlook forthe Sensex. Wavetimes anticpates a turn in the 16045-16115 window. Continue reading
Sensex outlook
Repeated tests of a support line makes that level important in the big picture. So far, the Indian benchmark Sensex has managed to hold above the support line shown in the chart. However, if we get a break of that, … Continue reading
India dreams on while China wakes up
Sure, India now has a stable government in place. But listen up, folks. Are we not getting ahead a bit too soon too far? After all, the news from the weather man has been anything but exciting, with a failed … Continue reading
Posted in India
Tagged BSE outlook, BSESN, Indian stock market, Mumbai stock market, Sensex
2 Comments
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