Alpha India Auto

Understanding the auto rankings is simple. There are two signals one on price momentum and another on jiseki cycle. When both are positive, it’s total positive. When both are negative, the signal is total negative. When the two signals non-confirm, it’s a non confirming signal.
We have broken up the signals accordingly and as you can see, the total negative signals are generatig a negative returns and a total positive returns are generating a net positive return. We have also illustrated holding period for the three signals.  In continuation of our last update on Auto stagnation, this week’s update still show more running positives than negatives.
Enjoy the latest ALPHA Auto sector review.