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Alpha India Late Economic - Healthcare Best and Worst Performers

Orpheus Capitals, Sep 2011, Pages: 6


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Healthcare best and worst performers Today’s issue of Alpha India carries the Jiseki ranking of the Indian Healthcare sector. As you can see on the chart below, most of the stocks (7 out of 8) are above 50% rankings, while only CIPLA falls in the lower half of the list (near 30% rankings). We carried technical and cycle cases on the two best performers (DR REDDY – slide 2, RANBAXY – slide 3) and the worst performer (CIPLA – slide 4). The market bias is positive for the day as NIFTY is retesting 5,100 resistances. A break above respective levels would confirm further upside. Enjoy the latest Alpha India.

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