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Viewing report
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Alpha India EE – BSE Auto Special
Orpheus Capitals, March 2011, Pages: 5
BSE Auto special
Today’s Alpha India report carries a special case on the Indian Auto sector. We illustrated here the Jiseki ranking of a few Auto stocks. As we can see, all of them are best performers and fall in the higher range of the ranking (above 70%). Tata Motors is at the top, followed by Bajaj Auto, M&M and Ashok Leyland. Along with BSEAUTO, these four stocks are above 90% rankings. We illustrated the technical cases on the respective stocks on slide 2. The BSEAUTO Jiseki cycles turned negative as prices reversed and continue to suggest further negativity for the Indian Auto sector
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