Wednesday, October 13, 2010
Monday, October 11, 2010
Wednesday, October 6, 2010
Monday, September 20, 2010
Wednesday, September 15, 2010
Tuesday, September 14, 2010
Monday, September 13, 2010
Thursday, September 9, 2010
Tuesday, September 7, 2010
RANDOM VIEW OF ELLIOT ON SENSEX...
The Elliot puritans spare me, I just wanted to keep the analysis simple and based on view of weekly charts... Seems like, a final thrust is playing out in Sensex... so Bears should be get ready... My Elliot count shall be wrong if Sensex crosses 19,600.. cmp 18,560.
Friday, September 3, 2010
Tuesday, August 31, 2010
Saturday, August 28, 2010
ELLIOT COUNT ON NIFTY
LAST SWING LOW 5360 IS KEY, IF THAT FAILS THEN THIS ELLIOT COUNT GETS NEGATED AND FRESH DOWN LEG WILL BEGIN...
Thursday, August 26, 2010
Wednesday, August 25, 2010
Tuesday, August 24, 2010
ly Friday, August 20, 2010
Saturday, August 14, 2010
Friday, August 13, 2010
Thursday, August 12, 2010
Wednesday, August 11, 2010
Monday, August 9, 2010
AUDUSD - Painful Topping Process Indeed...!
A VERY painful topping process...! It appears that the final leg up can face resistance @ the 0.9220 - 0.9240 zone. The SL remains above 0.9389. Expect a very good drop in for Wave C.
Happy Trading!
Friday, August 6, 2010
Tuesday, July 27, 2010
Friday, July 23, 2010
AUDUSD - Daily - Recap 2008...!?!
0.9075 - Very good level to sell with the stop @ 0.9395...
Target on the down side = 0.7800...!
Cheers.
Tuesday, July 20, 2010
USD INR - Daily - Temporary Glitch Done Away With - View Remains Intact - 52+
Done with the temporary glitch (of getting stopped out by a whisker). Overall, the view of USDINR pair breaching the previous high (of 52.18) remains intact...
Cheers.
Monday, July 19, 2010
Aurum (Gold) - Daily - Can it dig lower? - Wave Count Suggests so...!
The lower channel provides the 1st support (at around $ 1165)...
Cheers.
Tuesday, July 13, 2010
Saturday, July 10, 2010
EURUSD - Daily - Preparing for Wave 5 down... Strong USD can pull the Markets Down
Wave 'c' of '4' appears to have completed... EUR to dip against USD for the last time...
Cheers.
Wednesday, July 7, 2010
Tuesday, June 29, 2010
Friday, June 18, 2010
USDINR - Daily - Update - March to 52 & Higher
Target for c (of iv) is 46.00 (almost achieved today with low of 46.07).
Strategy: Long USD/INR at current levels.
Target: 47.54 // 48.20
Stop Loss: 45.70 (below wave i terminal)
OVERALL, USDINR LIKELY TO SURPASS THE PREVIOUS HIGH OF 52
Cheers.
Friday, June 11, 2010
Thursday, June 10, 2010
Wednesday, June 9, 2010
Monday, June 7, 2010
Tata Steel - Daily - 1st Target of 463 Achieved... But Down Side Not Done Yet...
First target of INR 463 has been achieved. But the pattern suggests that the downside move is not done yet.
Hold on to your "shorts"!!!
Cheers.
LME 3 Mths Zinc - Daily - 1st Target of $1610 Achieved... What Next...?
1st target of $1610 is achieved (call initiated on May 5, 2010 @ $2127)
The SL can now be trailed to $1970 and hold on to the short positions for the next target of $1400.
Cheers.
Sunday, June 6, 2010
An alternative count on Nifty
On closer inspection I realised that a more conventional 5 sub-waves rather than 9 sub-waves would be appropriate. The recent decline though has 5 waves down move but they overlap each other, so it seems more like a developing double zig zag. Hence the decline from 5400 to 4800 has more corrective shades than impulsive. Thats why I portrayed an alternative scenario were the markets make a final suckers rally in June-July...
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