Some quick observations on Indices.
- #Nifty50 at 15100 still lower than the highs of 15431 but
- #Nifty500 , #NiftyMid100, #Nifty100eqlweight, #nifty50equalweight , #BseSmallcap have all hit new all time highs today.
- #Divergence as #Banks still lower and #Reliance which is like almost 40-45% of Nifty
Nifty Heavyweights to watch for confirmation of momentum.
- Yet to see strong trending moves in a lot of heavyweights.
- Only ICICI Bank and a SBI out of the heavyweights have crossed recent swing highs.
- The Broader Market still looks more exciting compared to the heavyweights.
Youtube Video -
Sector on Radar - Cables – Telecommunications
Stocks Covered Sterlite Technologies HFCL Vindhya Telelinks Birla Cable Paramount Communications Aksh Optifibre
Free Technical Analysis Ebook ( if you have not read yet.) – Analysis that Works
LinkTree - Links to all our services and products - https://linktr.ee/NooreshTech
Research Report – Sector in Focus – A Lost Decade or Two to be Reclaimed – Rs 1999
Contents of the Report
Technical View on Nifty & Other Indices – The Big Shift of Trend after 3-4 years.
- Snapshot Comparison of Nifty 50 & Bank Nifty with other Indices.
- Snapshot of 4 broader market indices near Breakout.
Conclusion – The Big Shift !!
Sector in Focus – A Lost Decade or Two to be Reclaimed.
- A Sector which has underperformed for 10-15 years with huge consolidation in companies.
- Raring for a Major Turnaround.
- Low Risk & Huge Upside.
- Charts of EquiWeight Indices for the Sector.
Long Term Technical Charts
- Top 5 picks from the Sector.
- Two of them Ultra-Defensive but can give aggressive returns in the Long Term.
Sector in Focus – Re-Iterate Buy on a Sector and add 2 more stocks from Sub Sector.
- 5 Stock Basket for the Sector.
- 2 stocks from a Sub Sector.
( The Report will get auto downloaded after the purchase )