Now that we moved to our extended list of 500 Indian assets (CNX 500), improved with the economic sector and subsector filters, it makes sense to carry the resulting rankings (Jiseki rankings*) as a special issue. The filtering process includes the main economic sectors (Early Economic, Mid Economic and Late Economic) and also their subsectors (Early Economic: Auto, Banks, Financials, Real Estate, Services, Technology and Telecom; Mid Economic: Constructions, Consumer Goods and Industrials; Late Economic: Basic Materials, Energy and Utilities, Pharma and Metals).
The main aim is to filter out the best and worst performers for each sector. We use a simple filter of top 20% and bottom 20% (best performers are the ones ranked above 80%, while the worst performers are ranked sub 20%). We are looking to reduce, close or short the best performers, as they are the ones which should underperform next and vice versa, we are looking to allocate, buy or accumulate the worst performers.
As for the market bias, we continue to see the current structure as a completing b wave up which should hold the highlighted resistances at 5,200 levels.
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.
