Late Economic shorts

Today we are carrying our filtered list of the top Late Economic stocks as potential short opportunities. The stocks from this list are all above 70% rankings on both weekly and daily Jiseki. After using the mentioned filter, we were left with 8 stocks (Jindal Steel, Lupin, Tisco, Sesa Goa, Asian Paints, Dr Reddy, JSW Steel and Torrent Power) and 2 indices (BSE Healthcare and BSE Metals).
Today’s Alpha India report also carries technical and relative performance cases on two of the stocks from the list, JSW Steel and Lupin. We compared the stocks with their sector and came to the conclusion that both of them have been outperforming their sector peers for several months now. This makes them top potential underperformers even compared to the respective sectors.
The market bias remains negative as NIFTY seems to be heading towards our anticipated confluence supports at 5,440-5,400 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.