Posted on December 20 2009 by Rish
Hi Readers,
Not much happened in real estateĀ sector stocks, Post the great correction .They have not retraced much of the fall they are yet to retrace 38.2% of the fall.Which shows the weakness in them.
Dubai scare did not do much harm to them as of now but in medium term effect would be seen.
The two [...]
Posted on December 16 2009 by Rish
Hi Readers,
Nifty move last 1 week was a quite whipsawed move,Slow up and sudden dip and slow down and sudden up characteristic of corrective waves ,Which makes them quite tedious for a trader to trade them.Expected move was posted before at RishTrader blog ,That target is already met.The expected C down was supposed to have [...]
Posted on December 13 2009 by Rish
Hi Readers,
Capital market has been sideways for some time,From last few months we are spiking up down in a range.This Sideways move is quite evident in mid caps lot of stocks making Triangles, Different types of triangles.These triangles are [...]
Posted on December 5 2009 by Rish
Hi Readers,
I am here sharing a small example how elliott wave allows us to trade or rather how we reach to a trade:)
Go through the following chart.
In the above chart a 5 down can be seen labeled with white counts 3rd wave sub waves are counted with red.
Once 5 down had finished 3 up(ABC) was [...]
Posted on December 1 2009 by Rish
Bear market,Things are quite bad brokers are tensed they are not able to reach their respective brokerage targets,Traders are feeling the heat no easy money by trading in out.
Is there any way to survive Bear market!!!!
Of course easiest would be not to trade:).
Well that’s not possible.
Trader will trade
Many Traders or investors have one thing in [...]