Tata Motors rallies 3%. Should you Buy?
Tata Motors rallied by close to 3% on intraday basis which may entice many to jump into the ‘uptrend’. To be sure we have seen Tata Motors rally by close to 75% from its Feb lows. So one can be sure we have a substantial uptrend in place. On 31st […]
Nifty updated targets
Nifty/ Sensex have managed to break the April highs. In the process it has vindicated our stand on the post Mauritius treaty change price action being a correction. In light of this it is time to look at some measured targets for this current leg of the rally. As per Elliott […]
Nifty: A Ratio keeps repeating, will it work again?
With respect to Nifty, we have maintained that what we are witnessing in the market is largely a correction that should ultimately resolve to the upside. This assumption will continue to be valid unless we see a major downtrend 5-wave impulse move. There has been no evidence towards this so […]
In our last update On Nifty we mentioned Nifty would be spending more time in the range of 7781 – 7892. The markets have now spend a week in this range. Below is our most preferred wave count: Our most preferred wave count suggests that wave c of the three […]
Our Technical Analysis Course Now Available on ElearnMarkets
We are very happy to announce that our Technical Analysis Course is now available with ElearnMarkets.com at a specially discounted price. The offer expires on 14th May. You can avail the offer by using the promo code: MAY30. Direct link to the course: Click Here Course Details: Building Blocks of Technical Analysis course […]
Nifty Post Mauritius Treaty Change Analysis
Nifty opened Gap down Post the Mauritius Treaty Change. While some may find reasons to believe that this is not good development for the stock market, the fact remains from a long term perspective all attempts at cracking down on tax loopholes or crony capitalism are very positive developments for […]
Thyrocare Tech IPOs lists at 49%. Is it better to invest in IPOs?
Yesterday, I was asked the following on IPOs, presumably because of Thyrocare’s stellar debut: “Do IPOs provide better returns as compared to stocks?” Presenting my answer with minor edits: I was sure this question was lurking around considering what happened with Thyrocare today! So lets have a little blast from […]
Sensex & Nifty Update
You may directly jump to the end of the post for conclusion in case you are not comfortable with the complexity of our explanation. However we strongly encourage you to read the post in its entirety so that you understand the basis for our analysis and preferred wave count on Nifty […]
MCX Crude/ Crude Oil Update
The price action in MCX crude/ Crude oil on Friday was near frenzy level considering the fundamental backdrop in which the prices have been rallying since their January lows. Such frenzy is not uncommon before blowouts which we suspected on Friday itself. But we thought it prudent to wait till […]
How much money should you be investing in the stock market?
When it comes to investing, it is very easy to get carried away, specially if you or the markets are seeing good times. But, the very nature of markets is fickle, and what may seem like a good time may suddenly change for the worse. In order to achieve long […]