The chart below is an extract from our ranking of the CNX 500 components. It illustrated the top five best performers of the Indian Early Economic sector. The stocks (SHRIRAM TRANSPORT FINANCE, UNITECH, LIC HOUSING FINANCE, BAJAJ AUTO and AXIS BANK) are all ranked above 90% rankings on a 3 month timeframe. The current report […]
“Simplitatea sau unicitatea abordarii este un factor foarte subestimat al succesului in piete.” Garfield Drew Incrucisarea mediei mobile este una dintre cele mai simple abordari ale trendului pietei. Atunci, cand media pe termen scurt (albastra) este deasupra mediei pe termen lung (rosie), trendul este pozitiv si vice versa. Din pacate, abordarile prea simple sunt ignorate. […]
“Simplicity or singleness of approach is a greatly underestimated factor of market success.” Garfield Drew Moving average crossover is one of the simple approach to look at a market trend. When the short term average (blue) is above the long term average (red), the trend is up and vice versa. Unfortunately, very simple approaches are […]
Healthcare shorts The chart below illustrates the top performer Indian Healthcare stocks. These were selected from our CNX 500 list and are all above 90% rankings. The top performer Healthcare stocks and therefore the best potential shorts are LUPIN, CADILA HEALTHCARE, DIVI’S LAB and SUN PHARMA. The market bias is neutral for the day as […]
SETI.DAILY FINAL WAVE (5) SEEMS TO HAVE ENDED JUST BELOW OUR RESISTANCE LEVELS ALPHA.GLOBAL.INDICES.310811 On July 27th we have pointed to 1,160-1,180 area as the termination point for the aggressive primary degree impulsive structure. However, the rally seems to have ended sooner and we are now watching to see if we break 1,000 psychological levels. […]
Today’s issue of Alpha India showcases technical cases on two of the top ranked Mid Economic stocks, Adani Enterprises and Titan Industries. The stocks are ranked near 99% and 98% rankings respectively among a list of 500 Indian assets (CNX 500), 100% being the best and 1% the worst. The market bias is negative for […]
We illustrated here the integrated (weekly and daily) Jiseki ranking of the major Indian indices. The weekly rankings suggest BSE Capital Goods, BSE Healthcare and BSE Consumer Durables as best performers, while BSE Power and NIFTY VIX are our two worst performers (sub 50% rankings). The majority of the indices (15 out of 17) fall […]
The chart below illustrates the best and the worst performer Indian banks among an extended list of 500 Indian stocks. Kotak Mahindra Bank is the best performer, ranked near 93%, while Vijaya Bank is the worst, ranked near 31% rankings. Today’s report carries technical cases on the respective stocks. The market bias remains positive for […]
The new normal The “new normal” was an innocuous quote by Pimco’s Mohamed El-Erian, suggesting an uncertain future, sluggish growth, international discord, low return on capital, etc. Such is the reach of media that the ‘new normal’ has become a buzz word. It signifies the times we live in. It talks about a new change, […]
The chart below illustrates the ranking of the top three best performer Indian metal stocks among the CNX 500 stocks. These are JINDAL STEEL, BHUSAN STEEL and SESA GOA. Today’s Alpha India report carries technical cases on the respective metal stocks. The market bias is positive for the day, as we are looking at an […]