Should you BUY Neyveli Lignite?

ORMI India 30 © has a limitation. It can only select 30 stocks. This does not mean that if some stocks do not make it India ORMI 30 © they are not a buy. Even in a falling market among 500 stocks there will always be stocks that are a screaming BUY. To illustrate how Orpheus Jiseki Rankings work, we have run a small JISEKI Query. We took the worst 30 quarterly percentile stocks among the US 500 and then filtered them for positive Jiseki and price trend. Neyveli made to the list of 4 stocks.
You need to be an ORMI India 30 user to see if the turnaround this time on Neyveli is for real, whether the trend persists and where the exit levels are, but there is one thing you can be sure off, if you are an investor with a 12 month holding period and you have 30 worst performers from BSE 500, you have a relatively outperforming strategy, which will not let you down. Enjoy the latest BSE 500 Jiseki Query.

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Dr. Ionut Nistor is the co-author of Performance Cycles paper published in Kyoto Economics Journal in March 2009. Ionut is a professor of Corporate Finance at Babes -Bolyai University and a post doctorate fellow at the Kobe University in Japan. He is fluent in Japanese, Romanian and English.
The Bric Model from a Japanese Perspective Ionut Nistor – Econohistory