What’s wrong with HDFC and HDBK?

This could be a normal question after an asset starts moving sideways for a long time. The technical reason can be that prices are forming a continuation five legged triangle pattern, which should resolve higher. Fundamental reasons can be many. Could this conventional thinking be wrong? Can you be sure that the triangle has a higher probability of breakout and a lower probability of a triangle failure? Is there a way these technical patterns can be filtered for risk? Is there a way the investor could understand the risk profile of his buy, sell, reduce, increase positions?

The rules are simple.

To read the latest Alpha India download it from the store.

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.

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