Monday, January 24, 2011

India Sectoral Trend Weekly 21 Jan

The last week has very few changes in the sectoral rotational model.
Major changes and observations are:

1. BSE 100 and Oil & Gas came to Lev sell mode from Sell mode with the Oil & Gas index major looser for the week at -4.5% and Caps Good at -4.5% was the second biggest looser was already in Lev Sell mode.

2. BSE Healthcare is now in Neutral mode after coming to buy mode last week.

3. Other indices downgraded are FMCG and  Metal Indices. Both the indices are getting coming down in ratings from last 3 weeks.

4. Major looser among Lev Buy mode was BSE Teck Index while major gainer in Sell mode was Bank Nifty.

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



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