Archive for June, 2009

Reliance. ANTICIPATED AND HAPPENED

CHANNELS.INDIA.010709

SUMMARY: IDEA DAILY (IDEA). Moving average crossover is negative. Key levels lie at psychological 70. BHARTI DAILY (BRTI). Prices continued to push lower after DARK CLOUD COVER formation. Below key 770 levels we get more negative confirmation. MAHANAGAR TELEPHONE NIGAM DAILY (MTNL). We still need a clear break below key 95 levels to continue to look lower. TATA COMMUNICATIONS DAILY (TATA). Prices continue to hold key supports near 450. Moving average crossover is still negative. TATA MOTORS DAILY (TAMO). ANTICIPATED AND HAPPENED Prices breached psychological 300 levels. We continue to look lower. ASHOK DAILY (ASOK). Time cycles and the negative moving average crossover continue to point lower. CROMPTON DAILY (CROM). Moving average crossover is negative. Below key 260 levels we get more negative confirmation. BHARAT HEAVY DAILY (BHEL). Moving average crossover is negative. Key levels lie at psychological 2,000. RELIANCE DAILY (RELI). ANTICIPATED AND HAPPENED Prices pushed lower in the corrective structure as anticipated.

CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also. CHANNELS.INDIA carries the Early Economic cycle sector components, which includes FINANCIAL and DISCRETIONARY sector stocks, the Mid Economics cycles sector which includes INDUSTRIAL sector stocks and the Late Economic Sector cycle including ENERGY, STAPLES, UTILITIES, PHARMA, CHEMICALS sector stocks. REUTERS EARLY ECONOMIC RICS DLF.NS, HDFC.NS, HDBK.NS, ICBK.NS, SBI.NS, INFY.NS, TCS.NS, MAHM.NS, UNTE.NS, TITN.NS REUTERS MID ECONOMIC RICS ASOK.NS, TAMO.NS, CROM.NS, BHEL.NS, LART.NS, MTNL.NS, IDEA.NS, BRTI.NS, RLCM.NS, TATA.NS REUTERS LATE ECONOMIC RICS ONGC.NS, RLIN.NS, NTPC.NS, ACC.NS, HALC.NS, TISC.NS, ABUJ.NS, CIPL.NS, RANB.NS, ITC.NS

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WAVES.ROM - BETFI VS BRD PAIR DELIVERS 21% IN 57 DAYS


We have been highlighting performance cycles on Romanian markets for some time now. This is a part of our work on TIME FRACTALS. You can read more about TIME on TIMETRIADS.COM and track global pairs and Romanian pairs on ECONOHISTORY.COM . As markets extended we talked about ….

to read more click here

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WAVES.ROM - BETFI VS BRD PAIR DELIVERS 21% IN 57 DAYS


We have been highlighting performance cycles on Romanian markets for some time now. This is a part of our work on TIME FRACTALS. You can read more about TIME onTIMETRIADS.COM and track global pairs and Romanian pairs on ECONOHISTORY.COM . As markets extended we talked about value outperforming broader market. We also mentioned regarding BETC and BETFI suggesting that leading nature of BETFI at the market bottom are some signals we would not like to miss for a sustained trend. Performance cycles can time the market by illustrating how sectors move against each other, what stock is outperforming and why? It was in continuation of this we mentioned on this on 19 MAY.

“BETFI starts to underperform BRD. The banking major should continue to outperform BETFI for rest of the year.”.

Well even if we are well looking into Q3, this pair can tell us where Romanian capital markets are headed. The pair delivered 21% since 04 MAY. To understand how to isolate pairs and trade them for relative alpha, write to us today for a presentation on performance cycles.

Enjoy the latest WAVES.ROM

* This is a perspective product and not a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager.

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WAVES.ROM is a perspective product published on TUESDAY’S and THURSDAY’S. The report highlights Romanian Stock Market top three Equity Indices viz. the top ten blue chip BET Index (.BETI), BET Composite (.BETC), the Financial Index BETFI (.BETFI) and the local currency RON (EURRON=, RON=). The products covers the top ten BET component stocks. (ROMP.BX, SNPP.BX, BATR.BX, BRDX.BX, TSEL.BX, ATBE.BX, BRKU.BX, BIOF.BX, IMPT.BX, TUBU.BX) and all the components of BETFI Financial Index(SIF2.BX, SIF5.BX, SIF3.BX, SIF1.BX, SIF4.BX) are covered in the report. The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools, sentiment indicators and other alternative research tools like INTERMARKET to spot outperformers. WAVES.ROM, CHANNELS.BVB and CHANNELS.RASDAQ are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers all the BVB and RASDAQ stocks.

REUTERS COVERAGE .BETFI, TUBU.BX, TSEL.BX, SNPP.BX, SIF5.BX, SIF4.BX, SIF3.BX, SIF2.BX, SIF1.BX, ROMP.BX, IMPT.BX, BRKU.BX, BRDX.BX, BIOF.BX, BATR.BX, ATBE.BX

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WAVES.INDIA - PAIR PERFORMANCES

WAVES.INDIA.300609

ORPHEUS INDIA RESEARCH WAVES.IND is a perspective product published on Tuesday and Thursday. The report highlights Indian Stock Market top sectoral Indices and Sensex (BSE 30) viz. BSEOIL, BSESC (Small Cap), BSEMC (Mid Cap), BSEHC (BSE Health Care), BSEPHARMA (Pharmaceuticals), BSECG (Capital Goods), BSEBANK (Banking), CNXIT (Technology), BSEFMCG (FMCG), BSEAUTO (Auto) etc.. The product also covers all the 30 Sensex components. The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools, sentiment indicators and other alternative research tools like INTERMARKET to spot outperformers.

COVERAGE: REUTERS RICS. INDICES. .BSEBANK, .BSEOIL, .NSEI, .BSECG, .BSESN, .BSEAUTO, .CNXIT, .NSEBANK, CITc1, IFc1, .NSEBANK

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WAVES.GLOBAL - THE TIME SHOULDER

 

Pattern watching is considered to be anathema. Behaviorologists say humans see what they want to see, fundamentalists call it self fulfilling theories and  quant’s might call it non mathematical. Ok! here we have a question for the three of them. We have illustrated BVSP, DOW, DAX, CAC with a head and shoulder like pattern, identify one from the other and tell us why such similar looking forms appear on different markets at the same time? Now they all may say, “It is coincidence”. Ok! Another question, the slide below is a ratio line between DJI vs. DAX. Do you still see a kind of head and shoulder pattern? Why does a ratio line also support a head and shoulder like pattern? We have carried DOW vs. N225 and DOW vs. FCHI ratio lines in the report. The lines still carry something like a head and shoulder pattern. Technicians are blamed for seeing the pattern everywhere. Did the fundamentalist,
behaviorologists and quant’s ever think why these patterns repeat and are all over the place?

Well the answer is that TIME has a head and shoulder pattern and this is why it is visible everywhere. We will come to the mathematical proof and the interpretation of the pattern for buy and signal later next week in our weekly TIME TRIADS report. The idea we are trying to convey here is that technicians believe in head and shoulder, see it, and the pattern is one of the largest quoted and written about because it exists in TIME. Time is fractalled. This is why you can not blame the technicians for seeing the shoulders and heads everywhere.

About global indices…as anticipated markets turned down on a few indices and paused on most of them. It was only SSEC, which continued to push higher. We expect a pause on SSEC soon. This is what we said on 15 Jun

Sub 8,720-8,700 DOW, we are DOWN on DOW and the rest of the global indices.

Pause is a good start, but if we don’t see some fast selling soon, the negative case will start to loose strength yet again. We remain negative on the overall equity market globally. We have carried the anticipated and happened cases.

Enjoy the latest WAVES.GLOBAL

 

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ORPHEUS GLOBAL RESEARCH

WAVES.GLOBAL is a perspective product published on Monday. The report highlights top GLOBAL indices and emerging market indices viz. Dow Jones Industrial (.DJI), S&P 500 (.GSPC), German DAX (.GDAXI), Russian IRTS (.IRTS), Shanghai Composite (.SSEC), Nikkei 225 (.N225), Brazil BOVESPA (.BVSP), Indian Sensex (.BSESN). The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools, sentiment indicators and other alternative research tools like INTERMARKET to spot outperformers and market trends.

REUTERS RICS: .BVSP, .IRTS, .FCHI, .GDAXI, .GSPC, .DJI, .N225, .SSEC, .BSESN

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CHANNELS.BVB - ERSTE HANGS OVER NECKLINE

SIF 1 DAILY. Prices push lower to conventional neckline. Sub 0.8 we remain negative. SIF2 DAILY. Prices push from higher open gaps to lower open gaps. A push below 0.65 will be negative and can push prices lower till 0.55. SIF3 DAILY. Prices push lower to neckline supports. A break at 0.42 can see prices push lower to 0.33. SIF4 DAILY. Prices push to neckline supports. A break here at 0.54-0.55 levels will be negative. SIF 5 DAILY. Prices push to neckline support. A break at 0,8 will be negative. BRD DAILY. A break at 8 will confirm negativity till previous gaps at 7 and potentially lower. ERSTE DAILY. Unlike other stocks, prices are still above neckline supports. We need a clear break at 75 to be negative.TLV DAILY. TLV remains positive. BRK DAILY. Unlike rest of the financials, the stock seems to be forming a TRIANGLE continuation consolidation formation. We have no reversal formation yet. IMPACT DAILY. Prices are heading to previous conventional supports at 0.3.

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CHANNELS.BVB

CHANNELS.BVB is our second perspective product published on MONDAY, WEDNESDAY AND FRIDAY. The report uses conventional technical tools and focuses on stocks more than Indices. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.ROM and CHANNELS.ROM are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers just BVB stocks all mid cap and small cap.

CHANNELS.BVB on MONDAY covers the Early Economic Sector cycle including Financials and Discretionary sector stocks.
REUTERS RIC - (BATR.BX, BRDX.BX, BRKU.BX, SIF1.BX, SIF2.BX, SIF3.BX, SIF4.BX, SIF5.BX, BCCA.BX, ASAG.BX, FLAA.BX, EFOR.BX, TUFE.BX, SIPA.BX, ELBU.BX, ERST.BX, IMPT.BX)

CHANNELS.BVB on WEDNESDAY covers the Mid Economic Sector cycle including INDUSTRIALS sector stocks.
REUTERS RIC - (TUBU.BX, SOCC.BX, ARTM.BX, ARSB.BX, SNOS.BX, ALTC.BX, ARMA.BX, CMLF.BX, MEFI.BX, EPUT.BX, ETAC.BX, UAMT.BX, COMPA.BX, APOM.BX, MECF.BX, COMI.BX)

CHANNELS.BVB on FRIDAY covers the Late Economic Sector cycle including Energy, Staples, Pharma, Utilities and Chemicals sector stocks.
REUTERS RIC - (SNPP.BX, ROMP.BX, OILT.BX, PTRI.BX, PEXI.BX, ENPL.BX, TSEL.BX, MOPN.BX, BERS.BX, ALUM.BX, OLTC.BX, ALRO.BX, OTSP.BX, AMSL.BX, AZOM.BX, VNCA.BX, PPLS.BX, MJMR.BX, SIZA.BX, CBCM.BX, ZIMC.BX, PCLR.BX, ATBE.BX, SCDB.BX, BIOF.BX, DAFR.BRQ)

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Titan Industries. ANTICIPATED AND HAPPENED

CHANNELS.INDIA.290609

SUMMARY: DLF DAILY (DLF): Prices continued to hold key supports at 310 levels. Moving average crossover is still negative. HDFC BANK DAILY (HDBK): ANTICIPATED AND HAPPENED Prices held key resistance levels at 1,570. We continue to look lower from here. ICICI BANK DAILY (ICBK): Moving average crossover turned negative. Below key 630 levels we get more negative confirmation. STATE BANK OF INDIA DAILY (SBI): Moving average crossover continues to be negative. Key levels lie at 1,535. INFOSYS DAILY (INFY): Prices continued to hold above true trendline supports. Moving average crossover is still positive. Key resistance levels lie at 1,890. MAHINDRA DAILY (MAHM): Moving average crossover is turning negative. Below psychological 700 levels we get more negative confirmation. UNITECH DAILY (UNTE): Prices continued to hold the minor trend channel down. Moving average crossover is still negative. Key levels lie at psychological 80. TITAN INDUSTRIES DAILY (TITN): ANTICIPATED AND HAPPENED Prices continued to push lower. Below key 1,060-1,000 levels we get further negative confirmation.

CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also. CHANNELS.INDIA carries the Early Economic cycle sector components, which includes FINANCIAL and DISCRETIONARY sector stocks, the Mid Economics cycles sector which includes INDUSTRIAL sector stocks and the Late Economic Sector cycle including ENERGY, STAPLES, UTILITIES, PHARMA, CHEMICALS sector stocks. REUTERS EARLY ECONOMIC RICS DLF.NS, HDFC.NS, HDBK.NS, ICBK.NS, SBI.NS, INFY.NS, TCS.NS, MAHM.NS, UNTE.NS, TITN.NS REUTERS MID ECONOMIC RICS ASOK.NS, TAMO.NS, CROM.NS, BHEL.NS, LART.NS, MTNL.NS, IDEA.NS, BRTI.NS, RLCM.NS, TATA.NS REUTERS LATE ECONOMIC RICS ONGC.NS, RLIN.NS, NTPC.NS, ACC.NS, HALC.NS, TISC.NS, ABUJ.NS, CIPL.NS, RANB.NS, ITC.NS

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THE ORPHEUS NEWSLETTER

THE PATTERN OF BELIEF

The first week of Jun I transformed myself into a movie buff. I saw eight films at Transilvania International annual Film festival in Cluj. Pa-ra-da, Marco Pontecorvo’s moving feature film about homeless children in post-Ceausescu Romania. This according to New York time was Europe’s answer to the Indian rags-to-riches blockbuster “Slumdog Millionaire.” Then it was Dominique Blanc, French award winning actress in L’autre. She played the role of a jealous obsessive woman after opting out of a relationship. Award winning Filmephobia, Kiko Goifman (Brazil) made a documentary about fear in contemporary society. The crew of this film-within-a-film documentary explores the limits of the psyche by exposing phobics to their greatest irrational fears. ‘Valentino the last emperor’ is a feature-length film on the legendary designer Valentino Garavani in the wake of his exit in 2008 from the company he founded in Rome more than 45 years ago. The film won the Chicago film festival. ‘Hollywood I am sleeping over tonight’, directed by Antoine de Maximy, a French comedian is a film about the director’s journey from East coast to West coast. The travelling cameraman takes to the road, on foot, hitchhiking, by taxi, by bus, by bicycle and even in a hearse. The film paints a picture of the United States that is both touching and surprising. Then was ‘Man on Wire’ an Academy Award-winning 2008 documentary film directed by James Marsh. The film chronicles Philippe Petit’s 1974 high-wire walk between the Twin Towers of New York’s World Trade Center. It is based on Philippe Petit’s book, ‘To Reach the Clouds’. The last film was ‘Gabhricha Paus’, The Damned rain, by Prashant Pethe. This was the lone Indian film to figure in the list of 31 projects selected for the prestigious funding from the Rotterdam International Film Festival.

GLOBAL

Turn down continues - ANTICIPATED AND HAPPENED

GOLD

Primary view

OIL

Up but topping Oil continues

FOREX

The case of 1.3 Eur Dollar

INDIA

The Dollar SENSEX

Bharti. ANTICIPATED AND HAPPENED

SENSEX Head and Shoulders

Mahindra. ANTICIPATED AND HAPPENED

ROMANIA

Are we going up?

Tiparul convingerii

Early Economic starts to slow down

Sub 15,000 BETFI could push lower till 12,000

Mid Economic Update (with new glossary)


SPACE AND TIME

If time and space are similar and space is fractalled then time fractals are not far away.

Challenging Einstein might be blasphemy, but there are a host of papers and published scientific features asking the same question. Was Einstein wrong? Even if he was wrong, what’s that got to do with markets and economics? We already talked about self similarity of research in ‘The Time Fractal’ .Physicists and economists have more in common than what is being published or talked about.  If the ongoing research proves that the thinker was wrong, it would bring old schools down and erect new institutions. Though this is not a very comfortable truth, there is nothing wrong in challenging an idea. Moreover, how much truth do we know anyway? And don’t new ideas come from old ideas? Is this not what research is about, learning from the past and unearthing the future?

So why could Einstein be wrong?

In an article in Scientific American, David Z Albert and Rivka Galchen explore the idea. Einstein talks about certainty and locality which is intuitive i.e. A cannot effect B without touching it or being next to it. Quantum mechanics says that the idea of position does not exist. Physicists say that particles related in this fashion are quantum mechanically entangled with one another.  Entanglement may connect particles irrespective of where they are, what they are and what forces they may exert on one another. This kind of intimacy is counter intuitive.

This undermines Einstein’s special theory of relativity. The idea that systems cannot be non deterministic troubled him. Even today this crucial part of Einstein’s legacy remains very much obscured. Physicist John S. Bell proved in 1964 that the actual physical world is nonlocal and Einstein’s special relativity is back in the news again.

Tim Maudlin’s book (1994) on Quantum nonlocality and relativity says that the special theory of relativity claim about the geometric structure of space and time is incorrect. The author goes ahead and proves that quantum mechanical nonlocality and special relativity cannot peacefully coexist.

Now this all might look like a scientific debate, but it’s the same debate polarizing economists, the idea of random and order, determinism – non deterministic, the debate of efficiency with inefficiency and the fluctuating curves or proportionality challenging equality.

Euclidean Triangle and fractalled space

The Euclidean triangles we have been speaking about regarding Time fractals are taken as an intrinsic assumption of models representing curved spacetime geometries. In another research by Jerzy Jurkiewicz, Renate Loll and Jan Ambjorn, the authors highlight how, Triangle meshes can efficiently approximate curved surfaces, which is why triangles are frequently used in computer animations. For spacetime, the elementary building blocks are fourdimensional generalizations of triangles, called four- simplices. It’s only now that the ideas focusing on geometry are resurfacing. This is a new trend after the intellectual community including Stephen Hawking and others said that “time is imaginary,” in both a mathematical and a colloquial sense.

Spacetime scientists have also witnessed how assembling microscopic building blocks in an essentially random manner ended up with symmetric shapes even on large scale. Jerzy Jurkiewicz, Renate Loll and Jan Ambjorn performed a diffusion process by letting a suitable analogue of an ink drop fall into the superposition of universes and watch how it spreads and is tossed around by the quantum fluctuations. Measuring the size of the ink cloud after a certain time allowed them to determine the number of dimensions in space. Evidently, a small object experiences spacetime in a profoundly different way than a large object does. To that object, the universe has something akin to a fractal structure. This implies there are no rulers and no other objects of a characteristic size that can serve as a yardstick. One possibility is that the universe becomes self-similar and looks the same on all scales below a certain threshold. If so, spacetime does not consist of strings or atoms of spacetime, but a region of infinite subdivision.

Visual conception is eternal to understanding nature, no wonder we keep remembering Euclid 2500 years later. The very idea of fractals bring scientist back to the 80-20 rule, the Pareto principle, the idea of proportionality.

So is it time or space that is fractalled and quantized?

William G. Tifft, University of Arizona suggests that in order to unify general relativity (gravitation) with the theories of quantum physics that describe fundamental particles and forces, it may be necessary to quantize space and perhaps time as well. In this scenario, time is no longer 1-dimensional! The professor observed that redshifts of galaxies seem to be quantized and registered discrete values. Redshifts of galaxies relate to the structure of time, indicating an underlying quantization. The model implies that time, like space seems to be three dimensional. The professor thinks that three dimensional time may be the fundamental matrix of the universe. In the 3 D time model, space is a local entity. Galaxies are separated in 3D time, which we have misinterpreted as separation in space.

In conclusion, Einstein’s theory of relativity introduced a new way of looking at the physical properties of the universe. The Newtonian constraints of absolute time and space were abandoned. Time and space were unified and made relative, it formed a continuum that curved and enfolded about itself. The ideas above suggest that Einstein did not see space as an extension of time and this might have lead him to an inappropriate geometric assumption.

Illusions are all around us and only time clarifies the real from the unreal. In his book ‘In Search of Time’, Dan Falk suggests that the idea of time is an illusion, Julius Caesar is still alive and everyday is a Wednesday. He also suggests that our mind plays games with us. There are a host of thinkers who are getting into understanding the connection of quantum mechanics and mind. It’s not just the human mind that plays games but even minds of birds like Scrub Jay, which showcases a conception about tomorrow. How we will understand nature is also linked to tomorrow, even if we write books refuting the idea of time.

Nobody can doubt the genius of Einstein, but to assume that genius of a man could be eternal against time is too large an assumption. The solution out of the quantum relativity quagmire is linked with time fractals, whether we travel in it or through it. The best part of travelling back in time are the stock markets, at least you know what not to do.

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CHANNELS.IND - LATE ECONOMIC UPDATE

CHANNELS.IND.260609

SUMMARY: OIL AND NATURAL GAS DAILY (ONGC): Moving average crossover has turned negative. A breach of the true trendline near psychological 1,000 levels would strengthen our negative view. RELIANCE ENERGY DAILY (RLIN): Moving average crossover is still struggling to turn negative. AMBUJA DAILY (ABUJ): Moving average crossover is negative. Below key 84 levels we get more negative confirmation. ACC DAILY (ACC): Prices bounced back from key supports at psychological 700. Moving average crossover is negative. HINDALCO DAILY (HALC): Prices retraced 0.382 FIB from the previous impulsive structure up. We need a clear break below psychological 80 levels to continue to look lower. NTPC DAILY (NTPC): Prices continued to push lower after DOUBLE TOP formation. Below key 190 levels we continue to look lower till key 160. TISCO DAILY (TISC): Moving average crossover turned negative. Below key 365 levels we get more negative confirmation. CIPLA DAILY (CIPL): The c/iii wave up is completing near key 270 levels. RANBAXY DAILY (RANB): Moving average is ready to turn negative. A clear break at mid channel supports would validate our view. ITC DAILY (ITC): Prices continue to coil around psychological 200 levels. Moving average crossover is still positive.

CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also. CHANNELS.INDIA carries the Early Economic cycle sector components, which includes FINANCIAL and DISCRETIONARY sector stocks, the Mid Economics cycles sector which includes INDUSTRIAL sector stocks and the Late Economic Sector cycle including ENERGY, STAPLES, UTILITIES, PHARMA, CHEMICALS sector stocks. REUTERS EARLY ECONOMIC RICS DLF.NS, HDFC.NS, HDBK.NS, ICBK.NS, SBI.NS, INFY.NS, TCS.NS, MAHM.NS, UNTE.NS, TITN.NS REUTERS MID ECONOMIC RICS ASOK.NS, TAMO.NS, CROM.NS, BHEL.NS, LART.NS, MTNL.NS, IDEA.NS, BRTI.NS, RLCM.NS, TATA.NS REUTERS LATE ECONOMIC RICS ONGC.NS, RLIN.NS, NTPC.NS, ACC.NS, HALC.NS, TISC.NS, ABUJ.NS, CIPL.NS, RANB.NS, ITC.NS

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