A flat correction differs from a zigzag in that the subwave sequence is 3-3-5, as shown in Figures 1 and 2. Since the first actionary wave,

Fibonacci studies: arcs, fans, retracements, and time

Overview: Leonardo Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered..


The Negative Volume Index (“NVI”) focuses on days where the volume decreases from the previous day. The premise being that the “smart money” takes positions on days when volume decreases

Basic Technicals

MACD technical analysis MACD technical analysis stands for moving average convergence/divergence analysis of stocks.

Fundamental Analysis

Doubling Stocks Review: Is this a scam? If you are looking for the truth about doubling stocks this is a necessity. One always thought there was something wrong with a doubling of stocks.

Friday, March 4, 2011

Today Economic news(Oil Prices)

* High oil prices will be a risk for India: Deutsche Bank -Taimur Baig, Chief Economist-India, Deutsche Bank, talks about the budget, fiscal deficit target and rising oil prices. …………………

* Infosys BPO to hire 8,000; sees 18-20% growth in FY-12 -D. Swaminathan, chief executive and managing director of Infosys BPO, said he expects operating margins of 20 to 22 percent in fiscal 2012………….

* SEC probing possible corrupt act by Cadbury in India: Kraft – In a regulatory filing, Kraft said it received a subpoena from the SEC in connection with an investigation under the Foreign Corrupt Practices Act…………

* Cong, JD(S) slam BJP in K’taka for attempting to lure MLAs – Congress and JD(S) today slammed the BJP government in Karnataka for allegedly attempting to lure Opposition MLAs, terming it as “murder of democracy”………….

* Mobile phone towers to be powered by solar energy: Minister – Govt is considering use of solar energy to tide over power deficiency impeding installation of mobile phone towers in tribal and hilly areas, the Rajya Sabha was informed today