Mid Economic best and worst
We illustrated here the integrated Jiseki rankings of the Indian Mid Economic sector. We filtered out the best and worst performers (best performers above 80% rankings, worst performers sub 20% rankings on both weekly and daily) and remained with a list of four stocks: Siemens, Exide and Bharat Forge as best ones and Punj Lloyd as the worst stock.
The market bias remains positive for the day as NIFTY is still retesting our highlighted confluence resistances at 5,200 levels.
Enjoy the latest Alpha India.
NIFTY Daily. The current minor leg up looks like a completing 3-3-3 corrective structure which could complete here at 5,200 resistances. However, another extension higher till next confluence resistances at 5,350 levels is also possible.
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.