Alpha India EE – BSE Auto special

Today’s Alpha India report carries a special case on the Indian Auto sector. We illustrated here the Jiseki ranking of a few Auto stocks. As we can see, all of them are best performers and fall in the higher range of the ranking (above 70%). Tata Motors is at the top, followed by Bajaj Auto, M&M and Ashok Leyland. Along with BSEAUTO, these four stocks are above 90% rankings. We illustrated the technical cases on the respective stocks on slide 2. The BSEAUTO Jiseki cycles turned negative as prices reversed and continue to suggest further negativity for the Indian Auto sector.

Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.
Coverage India: CNX100 traded stocks and Indian Indices.
Michesan Anna-Maria, Head of India Research. Anna discovered her interest of markets immediately after completing her graduate studies in Economics. She followed it up with post graduate studies in corporate finance. A host of research work in behavioral finance, option strategies and quantifying market sentiment followed. Anna covers Indian equity and combines Elliott, Time Fractals and Time Analytics to deliver accuracy across time frames. To review some of her work, check out the annual India accuracy report 2009.