Alpha India EE - NIFTY view

Prices continue to hold true trendline resistances near 5,950 levels. Daily RSI momentum has also failed at 70 resistances, suggesting further downmove from here. However, we need a break sub previous subminor supports at 5,750 levels for further negative confirmation. The alternate view continues to suggest a retest of 6,000-6,100 resistances before the corrective X wave up completes.

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.

Post a comment


Spam protection by WP Captcha-Free