Late Economic sector ranking: Metals

Today’s issue of Alpha India carries the Jiseki ranking of the BSE Metals components. The best performer metal stock remains Jindal Steel, followed by Sesa Goa and Sterlite. The worst performers are NMDC (updated on slide 2), Coal India, Hindustan Zinc and Hindalco (updated on slide 3).
The market bias is neutral for the day as NIFTY continues to hold previous fourth resistances at 5,200 levels. Sub respective resistances both preferred (positive – completed correction down) and alternate (negative – ongoing impulse down) views remain valid (updated on slide 4).
Enjoy the latest Alpha India.


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.