Category Archives: Equities

Wrong-footed on DLF

A few days back, during my interview with Deepak Shenoy, I had suggested that one should wait for at least 185 to buy the stock as I continued to be bearish for that stock (it was trading around 210 at … Continue reading

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Posted in Indian Stocks Trading | 8 Comments

Elliott Wave Analysis of CAIRN India

I thought I’d take a quick look at the chart of CAIRN india before shutting down for the upcoming holidays. But I ended up spending a good 30 minutes trying to decipher what was going on. At long last, I … Continue reading

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Posted in Indian Stocks Trading | Tagged | 15 Comments

Elliott Wave Analysis: Labelling Freaky Price Movements

A reader asked how to deal with freak price movements, and cited the stock of Ashok Leyland as an example. Apparently, such movements are common in mid-cap stocks. Well, I decided it is worth the time to look at Ashok … Continue reading

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Posted in Indian Stocks Trading | Tagged , | 13 Comments

Elliott Wave Analysis of Fairfax Financial Holdings

Fairfax has a great story to tell ( thanks to my friend Deepak Shenoy, whose post in Capital Mind alerted me to this stock). FFH has reported compound growth in book value of 24.7% over 25 years.. wow! should I … Continue reading

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Posted in Canadian Stocks | Leave a comment

Outlook for Tata Consultancy Services (TCS) stock

The CEO of TCS says demand pipeline looks good, and better client spend in FY12. Also there is no business impact now from unrest in Middle East. So why on earth (rather why in BSE) is the stock price of … Continue reading

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Posted in Indian Stocks Trading | Tagged , | 1 Comment

Video Log on using fibonacci ratios on SBI stock

Using Fibonacci Ratios: State Bank of India – SBIIn this short clip, I wish to demonstrate how one could have anticipated a low-risk trading opportunity in State Bank of India stock. Enjoy!

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Posted in Indian Stocks Trading, Videos | Tagged , | 5 Comments

Outlook for NSE Index India

The outlook for India’s much watched NSE index is that we are in a complex correction and hence would expect the current strength to peter out between 5680 and 5900. The old target of sub 4800 is still valid, in … Continue reading

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Posted in India | Tagged | 36 Comments

Outlook for the Dow

The last time I looked at the chart for the Dow was back in May 2010, where I warned of a downmove to 9000 levels. The correction went only to 9600 area, (still a nice 11% down from the time … Continue reading

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Posted in Dow Jones | Tagged , | 6 Comments