Alpha India LE – BSE Metals special
We illustrated here the Jiseki ranking of the Indian Metals stocks along with the Jiseki cycles of BSE Metals. The cycles remain negative and suggest further minor downmove. A break sub previous minor lows would also give us further negative price confirmation. All of the stocks fall in the higher range of the rankings (above 50%) which strongly suggests further underperformance of the whole Metals sector. JSW Steel and Hindalco are the best (above 96%), followed by Jindal Steel at 90%.
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.