Alpha India Mid Economic – L&T and Punj Lloyd

L&T subminor (60MIN). The subminor formation looks like a complete impulse up and now an ongoing w-x-y correction down. Immediate supports to watch lie at 1,780-1,770 levels. We also have a potential head and shoulders reversal, which suggests a deeper retracement till 1,750-1,700 levels.
Punj Lloyd 60MIN. The subminor structure looks like a sideways correction which should resolve higher. We need a break above subminor trend channel resistances near 76 levels to confirm that the correction is complete. Key supports to watch lie at 72.5 levels.

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.