Terms & Conditions

Before using this site, please make sure that you note the following important information:

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave India’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave India make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave India is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes or is right every time does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.

Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

We have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of personalized financial advice, advice concerning personalized investment decisions or tax or legal advice. 

We are a trading & educational forum for analysing, learning & discussing general, generic, and specific information related to stocks, investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. We do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.

Where we present charts and analyses, the results should only be treated as candidates for further research, not as a buy list or set of recommendations. Screening may help to narrow a search based on pre-defined criteria but it is not a substitute for independent research reflecting your individual criteria for investing/trading.

Where we offer valuation tools, these are solely for informational & educational purposes so that users can easily run their own valuations. The pre-defined values are simply a starting point based on global assumptions that we have applied across the entire market – users should amend them as they see fit and not regard them as a substitute for their own judgment. Any resulting valuation outputs are necessarily generic and are not endorsed for a given stock.

No reliance

Accordingly, we will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information. Any arrangements between you and any third party contacted via the Website are at your sole risk. 

Open website to non-subscribers : We may choose to open the website up for free for a limited period for non-subscribers and / or the general public.  This may be out of public interest or as a marketing tool or for any other reason.  This is solely at our discretion and at no point are we liable to refund existing subscribers for the this period of time.

We update indexes regularly.  We do not make a committment for how many indexes we will update per day or per week or per month.  But this is what we aim for :

Usually there would be about 20 updates per month of Indexes.  

We are free to add or delete any financial instruments from the list or lists that we current analyse, without prior notice.  The final decision on which financial instruments we choose to analyse and post on our website is ours and ours alone.

We do not provide buy, hold, sell recommendations on individual stocks or indices.

Investment Warnings :

We would like to draw your attention to the following important investment warnings.

  • The value of shares and investments and the income derived from them can go down as well as up;
  • Investors may not get back the amount they invested - losing one's shirt is a real risk;
  • Past performance is not a guide to future performance.

These Terms and Conditions of Use (the "Terms of Use") apply to the Elliottwave India web site located at elliottwaveindia.com

Payment Terms & Conditions :

Notes :

  • We accept Visa, Mastercard, and American Express.
  • We use Paypal as our preferred payment gateway for Debit & Credit card payments.  Paypal is the largest payment gateway globally.
  • * Cancellations by subscribers can be done from within the website directly, and will be processed from within the system. There will be no further recurring billings from the subsequent billing date.  The period that is already billed for cannot be cancelled.  This is automated by Paypal.
  • If a subscriber wishes to pay other than credit / debit card, we also accept bank transfer. 
  • See here for our bank details.
  • Paid Subscribers are not permitted to share an account with others.  It will be construed as a violation of our terms and against our interests, and we have the right to terminate your access without any refund.


Elliottwave India reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to check these Terms of Use periodically for changes. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes. As long as you comply with these Terms of Use, Elliottwave India grants you a personal, non-exclusive, non-transferable, limited privilege to enter and use the Site.


All text, graphics, user interfaces, visual interfaces, photographs, trademarks, logos, sounds, music, artwork and computer code (collectively, "Content"), including but not limited to the design, structure, selection, coordination, expression, "look and feel" and arrangement of such Content, contained on the Site is owned, controlled or licensed by or to Elliottwave India, and is protected by trade dress, copyright, patent and trademark laws, and various other intellectual property rights and unfair competition laws.

Except as expressly provided in these Terms of Use, no part of the Site and no Content may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted or distributed in any way (including "mirroring") to any other computer, server, Web site or other medium for publication or distribution or for any commercial enterprise, without Elliottwave India's express prior written consent.

You may use information on Elliottwave India's products and services (such as pictures, posts, knowledge base articles, and similar materials) purposely made available by elliottwave india for downloading from the Site, provided that you (1) not remove any proprietary notice language in all copies of such documents, (2) use such information only for your personal, non-commercial informational purpose and do not copy or post such information on any networked computer or broadcast it in any media, (3) make no modifications to any such information, and (4) not make any additional representations or warranties relating to such documents.

Your Use of the Site

You may not use any "deep-link", "page-scrape", "robot", "spider" or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Site or any Content, or in any way reproduce or circumvent the navigational structure or presentation of the Site or any Content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the Site. Elliottwave India reserves the right to bar any such activity.

You may not attempt to gain unauthorized access to any portion or feature of the Site, or any other systems or networks connected to the Site or to any elliottwave india server, or to any of the services offered on or through the Site, by hacking, password "mining" or any other illegitimate means.

You may not probe, scan or test the vulnerability of the Site or any network connected to the Site, nor breach the security or authentication measures on the Site or any network connected to the Site. You may not reverse look-up, trace or seek to trace any information on any other user of or visitor to the Site, or any other customer of elliottwave india, including any elliottwave india account not owned by you, to its source, or exploit the Site or any service or information made available or offered by or through the Site, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than your own information, as provided for by the Site.

You agree that you will not take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Site or elliottwave india systems or networks, or any systems or networks connected to the Site or to elliottwave india.

You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Site or any transaction being conducted on the Site, or with any other person’s use of the Site.

You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any message or transmittal you send to Elliottwave India on or through the Site or any service offered on or through the Site. You may not pretend that you are, or that you represent, someone else, or impersonate any other individual or entity.

You may not use the Site or any Content for any purpose that is unlawful or prohibited by these Terms of Use, or to solicit the performance of any illegal activity or other activity which infringes the rights of Elliottwave India or others.

Subscribers will get access to 90 days prior analyses and posts from time of subscription.

We reserve the complete and sole right to restrict and / or block any person or persons from the site based solely on our discretion.  If a subscriber pays for a period not allowed on the website, we reserve the right to not activate the subscription.  For example, if a subscriber pays for 1 or 2 months, but the minimum requirement is 3 months, we reserve the right to not activate the subscription.  We may provide the subscriber an extra 24 hours to pay the balance.  Should it not be fulfilled, we reserve the right to not refund the amount to the subscriber.

If for any reason, Elliott Wave India ceases operations or stops posting for length of time exceeding 3 months, refunds will be offered to subscribers on a pro-rata basis.

Elliott Wave India may choose to alter it's operations, method of operations, coverage of financial instruments at any time and without prior notice.  Best efforts will be made to refund subscribers on a pro-rata basis if there is material change(s) in analysis coverage or operations.   Elliott Wave India cannot be held liable for any amount greater than the pro-rata subscription difference between time of operation change and end of subscription period.

Elliott Wave India has the right to sell any part or all of itself to any investor or group of investors.  The responsibilities of the current owner (s) will cease should Elliott Wave India be sold in its entirety.