Category Archives: Indian Stocks Trading

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

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

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

Easy Trade in ICICI Bank stock

In my last Elliott Wave update for Indian stocks, I pointed out that ICICI bank was approaching a buy zone. At that time, I was suggesting buying in stages from 620, but you could have done better and purchased at … Continue reading

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Posted in Indian Stocks Trading | Tagged , , | 38 Comments

Elliott Wave Analysis of Rural Electrification Corp

Even if you have no interest in this Indian stock, there are valuable lessons to be learned from every chart posted in Wave Times. You can use the techniques I am describing here on any well traded instrument in any … Continue reading

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

Elliott Wave Analysis of IDBI Bank, India

Even if you have no interest in trading INdian stocks, you have something to learn from these posts! Sometimes, a chart almost screams out a sell, and IDBI was one such stock back near the highs. (Rememebr my video on … Continue reading

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Posted in Indian Stocks Trading | Tagged , , | 19 Comments

Bharat Forge Ltd: Elliott Wave Analysis

A reader posted a comment on Bharat Forge in the wrong category and hence had to be removed from there. Here is what he wrote: “BHARATFORGE CMP 353 UPMOVE IS OVER AT 370 , WILL COME DOWN TO 250 LEVELS. … Continue reading

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Posted in Indian Stocks Trading | 7 Comments

TCS stock revisited

I realize that some of you are wondering about what I think about TCS now that we have rallied to a new high this year. Recall that I was talking of a significant downmove in this stock. However, I wouldn’t … Continue reading

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Posted in Indian Stocks Trading | Tagged , | 18 Comments