Alpha India Indices – Nifty. Preferred and alternate

NIFTY Daily. The preferred view sees the current structure as the beginning of an extending (v) wave down which should complete the larger iii circle wave. Prices should remain sub 5,500 resistances for preferred to remain valid. A break above previous subminor highs at 5,600 would strengthen our alternate view which sees this as an ongoing w-x-y-x-z correction down with a pending final x and z wave. The alternate view does not rule out a potential retest of psychological 6,000.

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.