Auto top performers

Today’s report carries technical and cycle cases on two of the best performer Indian Auto stocks, BAJAJ AUTO and EICHER MOTORS. Both stocks are ranked above 90% extreme rankings and are top potential shorts for the weeks ahead.
The minor market view remains negative. Sub our anticipated current resistances at 5,200 levels we continue to expect a pending impulsive c circle wave down till 4,500-4,000 supports.

BAJAJ AUTO Daily. BAJAJ AUTO is the best performer Indian Auto stock. Both the price structure and the 3 months Jiseki cycle look topping (prices near previous intermediate highs, the cycle above 90% extreme rankings).

Our Jiseki Time cycles are seasonal patterns of strength or weakness in assets. They are derived from percentile rankings of 0 to 100. The higher the percentile more the chance for an asset to weaken and worst the ranking, better the chance for the respective asset to outperform.
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.