# Nifty Calculator June 2021. Analyse with Me Batch starts 17th July

An Update

After a break starting another batch of Analyse with Me. Starting 17th July.

Check this video for a quick take https://youtu.be/K92k4V_BAaY

Fees Rs 6000

Ideally, if you do not have a good background in Technical Analysis its recommended you first enrol for  through the Online Technical Analysis Video Course

Online Technical Analysis Video Course https://youtu.be/fJYX1TP0a6I

Fees Rs 6000.

Can buy the course from this link and go through the entire curriculum ( Course Content & Curriculum )

( This has the same no of hours of videos as the Classroom course but comes with a 1 year access.)

NIFTY CALCULATOR July 2021.

Do check this video on Nifty Calculator - https://www.youtube.com/watch?v=QbmhiLXYx2k

What is Nifty Calculator ?

-> As per the weightages given by NSE for Nifty stocks we have created the Nifty Calculator.

-> Change the expected price and the expected Nifty will change accordingly

-> Create 3 different sheets for yourself–

Pessimistic ( where you put the worst possible prices you think . Default 15% down )

Optimistic ( the best prices possible. Default 15% up)

Neutral/Rational/Technical / Fundamental ( prices on any reasoning )

Please Note as weightages change every day by small margin this will not give an accurate estimate but will be approximate.

How to Guess?

• Everyone has a view on Nifty based on Macro, PE, Valuations, Technicals, Waves etc. Try to grill it down to the constituents. It should be a reflection of your actual guesstimate.
• Just estimating wild scenarios on the top 20 stocks is enough given the 75-80% weight.
• Start with changing default fall to 5-10-15-20-40-80 or rise to 5-10-20-40-80.
• Then change stocks which you think may not do the default move.

Interesting Observations

• Top 5 stocks – Reliance, HDFC Bank, Infosys, HDFC, ICICI Bank = 41.16% of Nifty.  (Nifty at an all time high but only Infosys have hit a new all time high !! )
• Top 10 stocks constitutes 58.64% of Nifty  ( some drift lower )
• Top 20 stocks constitutes 76.45% of Nifty   ( around the same for last few months.)
• Reliance is the top weight at 10.01%, followed by  HDFC Bank at 9.59% . 19.60% of the Index.
• Reliance + HDFC Twins = 26.15% of Nifty ( Hope you get it why Nifty does not depict GDP. 27% of India GDP not equal to Reliance +HDFC)
• HDFC Twins together constitutes 16.14% of Nifty  ( same for some time)
• Bottom 25 stocks have less than 1% weight and total weight at 18.23%

Sectoral Observations

• Banks and Financials now steady at 37-38% for last few months. From a bottom of 33.165 in July 2020.
• Oil and Gas from 16.18% in July 2020 to 11.68% ( Reliance relative underperformance.)
• Power at just 1.68%. After a long time Media at 0. Metals from 2.15 to 3.56%
• IT weight increased from 14.48% in April 2020 to 17.43% in June 2021 (IT outperformance continues)
• Automobile at ~5-6% since 2 years
• Pharma weights stable since last year at ~3.5%

Free Technical Analysis Ebook ( if you have not read yet.) – Analysis that Works