Monday, December 20, 2010

India Sector Ranking 20 Dec

I am starting a new series for sectoral ranking so that the bullish and bearish bets can be separated for sectors and we can get an idea what is leading/lagging the markets.

The ranking is based purely on my own system which till now is making sure that no big trend is missed.
I am using weekly data for starting and will soon start the daily updates 2-3 times a week so that we can catch the trend early.

P.S. Please let me know how I can improve these sectoral trends. Any idea is appreciated.

Key observations:

1. BSE Oil & Gas and Metal indices changed from Sell to neutral mode.
2. BSE Power changed from Sell to Lev Sell.

The ranking as of now are like this:



13-Dec 20-Dec
Sector Color Ratings
CNX IT - FUTURES  Lev Buy Lev Buy
BSE Teck Index Neutral Lev Buy
BSE IT Index Lev Buy Lev Buy
BSE Healthcare Index Lev Buy Lev Buy
BSE Auto Index Lev Buy Buy
 NSE50 NIFTY Neutral Neutral
NSE CNX 100  Sell Neutral
BSE Sensex Neutral Neutral
BSE Oil & Gas Index  Sell Neutral
BSE Metal Index  Sell Neutral
BSE FMCG Index Neutral Neutral
- BSE DOLLEX 30 Neutral Neutral
- BSE 200 INDEX  Sell Neutral
- BSE 100 INDEX  Sell Neutral
CNX BANK INDEX  Sell  Sell
NSE Jr Nifty  Sell  Sell
NIFTY MIDCAP 50  Sell  Sell
BSE Small Cap Index  Sell  Sell
BSE PSU Index  Sell  Sell
BSE Mid Cap Index  Sell  Sell
BSE Consumer D  Sell  Sell
BSE Cap Goods  Sell  Sell
BSE Bankex  Sell  Sell
- BSE 500 INDEX  Sell  Sell
CNX INFRA  Sell  Sell
BSE Realty Index Lev Sell Lev Sell
BSE Power Index Sell Lev Sell
CNX REALTY Lev Sell Lev Sell

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