Category Archives: Asian Stocks

Elliott Wave analysis of Saudi Stocks

Now that I have looked at Kuwait stocks, I remembered someone requesting for analysis on Saudi index. The first thing I checked was what was my last comment on any Saudi Stock. The update on Saudi Steel Pipes was posted … Continue reading

Share
Posted in Saudi Stocks Outlook | Tagged | Leave a comment

Elliott Wave Analysis of KFH, NBK, Zain – Kuwait stocks

Its been a long time since I looked at Kuwaiti stocks, and just yesterday the index has fallen to a new seven-year low! As most players in this market know, Zain and NBK are considered as bellwether stocks. Kuwait Finance … Continue reading

Share
Posted in Kuwait stocks | Tagged , , , | 1 Comment

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

Share
Posted in Indian Stocks Trading | 7 Comments

Elliott Wave Analysis of Saudi Steel Pipes Comapny

A colleague asked for Elliott Wave Analysis of Saudi Steel Pipes Company. This is a Saudi Arabia-based manufacturer of welded steel pipes. The chart shows a dramatic fall from around 36.50 Riyals in Q1 of 2010 all the way down … Continue reading

Share
Posted in Saudi Stocks Outlook | Tagged | 5 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

Share
Posted in Indian Stocks Trading | Tagged , | 18 Comments

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

Share
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

Share
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

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