Weekly Sector Relative Strength Charts

*Will not be updating this page anymore*

 Relative strength (RS) measures the relationship between two assets. An RS line is calculated by dividing the price of one asset or index by another. A rising RS line means that the numerator is outperforming the denominator i.e. the numerator will gain more than the denominator or it will fall less than the denominator.

Weekly Charts as of 16th March 2018 (Click to enlarge)

 Broader Indices vs. Nifty : 

 Sector Indices vs. Nifty : 

 Broader Indices vs. 10 Yr Bond Index : 

Sector Indices vs. 10 Yr Bond Index : 


8 comments:

  1. Jigs7 May 2016 at 21:36

    Very good charts but not very clear image. Can you please add your few comments as to what you see on these charts?

    ReplyDelete
    Replies
    1. indiasectortechnicals18 May 2016 at 17:53

      Thanks, sure will add in some comments every week.

      Delete
    2. indiasectortechnicals22 May 2016 at 11:39

      Hi Jigs, I give some comments in the weekly technical write-up on the home-page.

      Delete
  2. Prashant31 October 2016 at 09:28

    We don't have ETF's right.How sectoral stocks can be bought.

    ReplyDelete
    Replies
    1. indiasectortechnicals1 November 2016 at 04:21

      I do not trade/invest in stocks so cannot comment..selecting sector is 1 thing but then selecting a particular stock/stocks is a different ball game i think...anyways i am not able to figure out a method that suits me for stocks so i just stopped thinking about it :P

      Delete
  3. Prashant1 November 2016 at 08:42

    So you invest predominantly in Niftybees ?

    ReplyDelete
  4. Prashant1 November 2016 at 10:20

    This comment has been removed by the author.

    ReplyDelete

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