Early Economic top performers

The chart below is an extract from our ranking of the CNX 500 components. It illustrated the top five best performers of the Indian Early Economic sector. The stocks (SHRIRAM TRANSPORT FINANCE, UNITECH, LIC HOUSING FINANCE, BAJAJ AUTO and AXIS BANK) are all ranked above 90% rankings on a 3 month timeframe. The current report carries Elliott counts on the respective five stocks.
The market bias is positive for the day, as we are looking at another minor leg up till 5,200 resistances in the case of NIFTY.

LIC HOUSING FINANCE Daily. The minor structure looks like the beginning of the impulsive (C) wave down which should push lower till at least previous (A) wave lows near 150 levels.

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.