India Sectoral Trend Weekly 14 Jan

Here is the weekly trend analysis report. It got delayed due to some technical issues in data.

P.S. The trend is based on weekly time frame as of Friday 14th closing.
      Lev Buy and Lev Sell indicates leverage positioning.
      I have included price change with the color for the confirmation.

The major changes from the last report (post here 7th  Jan) are:

1. CNX IT and BSE Healthcare got downgraded from Lev Buy to Buy mode.

2. BSE Cap Goods and Nifty Junior are now in Lev Sell mode from Sell mode.

3. Major losers CNX Infra, CNS Realty, BSE Cap goods, Oil & Gas, Realty, Bank Nifty were in Lev Sell mode.

4. Only CNX IT got sold off 3% while still being in buy mode. It is the major looser in the buy mode and the main reason was earnings disappointment.

5. Indices in Lev buy mode FMCG, BSE IT, Metal, Teck had only -0.2% cumulative change.

Here is the color view.