The Mahindra Jiseki

Pinpointing a top is always a hard exercise. It becomes harder when you want to nail a top performer. Above this tops are more volatile and sharp. This special issue on Mahindra looks at the historical price structure from 1990 from both log and arithmetic scale perspective. Mahindra is a top performer among local and global peers. It also belongs to a top performing auto sector. At Orpheus we believe that extremes just like means are prone to reversion. With both auto sector and Mahindra colored with extremity, underperformance is due for the sector and it’s top components. We look at levels, potential targets and the outlook well into 2012 and summarize it with the beautiful Weekly Jiseki Cloud, which first gave a sell signal near Jan 2007 high, a buy near 2009 lows. Though Jiseki is whipsawing now, but this seems to be a preparation for a spectacular bust. Weekly Jiseki charts move slow. We need daily Jiseki to fine tune our entries and exits. The report carries levels, rankings and the last mile technical perspective with 5 cases.
Enjoy the Mahindra Jiseki.
To read the Mahindra 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.