Top Early Economic shorts (Banks)

We continue the analysis of our early economic stock ideas with two top performer stocks from the Indian Banking sector, Kotak Mahindra Bank and Punjab National Bank. We compared them against their sector index, NSEBANK. The relative performance and the relative Jiseki (Fig 3, 4) lead to a multi month (from Q3 2010) outperformance of NSEBANK in both cases till now as illustrated by the brown lines in the relative performance illustrations (Fig. 1, Fig. 2). Not only Kotak Mahindra Bank and Punjab National Bank are the top ranking potential short ideas, their relative case against their sector index makes the multi month outlook for NSEBANK even weaker. This adds to our overall negative outlook on the market.

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.