How low will Cummins go?

 
What is Jiseki? It’s a performance ranking cycle indicator. What does it do? It tells us when an asset is going to underperform or out perform. Why does it work? It works because it’s based on an idea that extreme performers tend to reverse performance. How did it work for Cummins India?
 
This is what we said on 24 Nov 2010 almost 12 months back. “Alpha India ME – Looking for shorts – Our final short list is Cummins, Tata Motors, Canara Bank, Bank of Baroda and Axis Bank.”

Cummins was at 568 in Nov 2010. The stock is down 35% since then. Now that the stock is nearing it’s 2008 highs, the latest Alpha carries a review with Jiseki latest primary (multi month) and intermediate (multi week) update along with the latest update on Nifty and another great Jiseki short .
To read the Jiseki special download the latest Alpha India.
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.