Category Archives: Indian Stocks Trading

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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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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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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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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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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Elliott Wave Analysis of DLF, India

I am bearish for DLF (a much followed Indian Stock)  and expect it to reach at least 215. However, the better level to sell will be near 290.00 Take a look at the chart where I have given detailed elliott … Continue reading

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Elliott Wave Outlook for Tata Steel

My last Elliott wave update on Tata Steel was back on 18th June. Since then, this stock has behaved perfectly from a technical point of view. Once the extended fifth wave was  completed, there was no surprise in the move … Continue reading

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Opto Circuits India – Elliott Wave Analysis

Opto Circuits India Ltd appears in many portfolios that have Bharat Shah as the advisor. (Incidentally, Bharat  is the famed fund manager from Ask Investment Managers). As Bharat is a value investor, I figured that he and his team must have done sufficient … Continue reading

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