Technicals for week ending – 29th March 2019.

Note : This is not a recommendation and I am not a registered analyst, these are just data points and an assessment of the positives and negatives from a longer term point of view.

Nifty Weekly

Chart 1. Longer term trend model based on weekly prices is in buy mode and I am holding Niftybees.

Chart 2 Nifty total returns/10 year Bond index ratio is ABOVE its 40-week MA & momentum also now favours Nifty, indicating longer term outperformance for Nifty vs Bonds.

Chart 3 Longer term intermarket strength as per the RS matrix is in Realty, Banks & Energy. With Auto and Metals at the bottom.

Chart 4 A big improvement in other indices as now most are above their respective 40-week MA.

Chart 5 Avg. & Median distance of all sectors from their 52-week closing high is at -12.2% & -10%.

Sector Momentum Update

Updating the short-term momentum model for the week ending 29^th March 2019.

Note: This does not include commissions, slippage & taxes and I have no positions in this. Just posting for academic purpose. + We do not have any sector ETF’s.

Monthly Update

Updated figures for the equity-bond rotation models as on end March’19.

Data set: Nifty Total Returns Index & S&P BSE India 10 Year Sovereign Bond Index

Note: This does not include commissions, slippage & taxes.

I first wrote about these here:

Sector Technical Analysis: Buy & Rotate

Sector Technical Analysis: The Simple strategy… 

The Moving average model switched to Nifty Total Returns index in end March 2019

The Momentum model switched to Nifty Total Returns index in end March 2019

NO – This does NOT outperform every year – stop asking that!!

Stats:

Technicals for week ending – 22nd March 2019.

Note : This is not a recommendation and I am not a registered analyst, these are just data points and an assessment of the positives and negatives from a longer term point of view.

Nifty Weekly

Chart 1. Longer term trend model based on weekly prices is in buy mode and I am holding Niftybees.

Chart 2 Nifty total returns/10 year Bond index ratio is ABOVE its 40-week MA & momentum also now favours Nifty, indicating longer term outperformance for Nifty vs Bonds.

Chart 3 Longer term intermarket strength as per the RS matrix is in Realty, Banks & Energy. With Auto and Metals at the bottom.

Chart 4 A big improvement in other indices as now most are above their respective 40-week MA.

Chart 5 Avg. & Median distance of all sectors from their 52-week closing high is at -12.8% & -11.2%.

Sector Momentum Update

Updating the short-term momentum model for the week ending 22^nd March 2019.

Note: This does not include commissions, slippage & taxes and I have no positions in this. Just posting for academic purpose. + We do not have any sector ETF’s.

Technicals for week ending – 15th March 2019.

Note : This is not a recommendation and I am not a registered analyst, these are just data points and an assessment of the positives and negatives from a longer term point of view.

Nifty Weekly

Chart 1. Longer term trend model based on weekly prices gave a buy signal near Friday’s close and I went long in Niftybees – don’t ask what if felt like buying up here LOL, and it took a lot of juggling in the orderbook to get a fill for my position.

Chart 2 Nifty total returns/10 year Bond index ratio is ABOVE its 40-week MA & momentum also now favours Nifty, indicating longer term outperformance for Nifty vs Bonds.

Chart 3 Longer term intermarket strength as per the RS matrix is in IT, Banks & Energy. With Auto and Metals at the bottom.

Chart 4 A big improvement in other indices as now most are above their respective 40-week MA.

Chart 5 Avg. & Median distance of all sectors from their 52-week closing high is at -12.8% & -11.2%.

Sector Momentum Update

Updating the short-term momentum model for the week ending 15^th March 2019.

Note: This does not include commissions, slippage & taxes and I have no positions in this. Just posting for academic purpose. + We do not have any sector ETF’s.

Technicals for week ending – 1st March 2019.

Note : This is not a recommendation and I am not a registered analyst, these are just data points and an assessment of the positives and negatives from a longer term point of view.

Nifty Weekly

Chart 1. Longer term trend model based on weekly prices is sitting in cash. I am holding liquidbees ETF now. The model is very close to triggering a long signal.

Chart 2 Nifty total returns/10 year Bond index ratio is BELOW its 40-week MA & momentum also now favours Bond index, indicating longer term outperformance for bonds vs Nifty.

Chart 3 Longer term intermarket strength as per the RS matrix is in IT, Banks & Energy. With Auto and Metals at the bottom.

Chart 4 Improvement in other indices as some are now above their respective 40-week MA.

Chart 5 Avg. & Median distance of all sectors from their 52-week closing high is at -14.9% & -13.9%.

Sector Momentum Update

Updating the short-term momentum model for the week ending 8^th March 2019.

Note: This does not include commissions, slippage & taxes and I have no positions in this. Just posting for academic purpose. + We do not have any sector ETF’s.

Technicals for week ending – 1st March 2019.

Note : This is not a recommendation and I am not a registered analyst, these are just data points and an assessment of the positives and negatives from a longer term point of view.

Nifty Weekly

Chart 1. Longer term trend model based on weekly prices is sitting in cash. I am holding liquidbees ETF now.

Chart 2 Nifty total returns/10 year Bond index ratio is BELOW its 40-week MA & momentum also now favours Bond index, indicating longer term outperformance for bonds vs Nifty.

Chart 3 Longer term intermarket strength as per the RS matrix is in IT, Banks & Energy. With Auto and Metals at the bottom.

Chart 4 Damage in other indices as most are below their respective 40-week MA.

Chart 5 Avg. & Median distance of all sectors from their 52-week closing high is at -15.8% & -15.5%.

Monthly Update

Updated figures for the equity-bond rotation models as on end February’19.

Data set: Nifty Total Returns Index & S&P BSE India 10 Year Sovereign Bond Index

Note: This does not include commissions, slippage & taxes.

I first wrote about these here:

Sector Technical Analysis: Buy & Rotate

Sector Technical Analysis: The Simple strategy…

The Moving average model switched to S&P India 10 Yr Bond index in end January 2019

The Momentum model switched to S&P India 10 Yr Bond index in end October 2018

NO – This does NOT outperform every year – stop asking that!!

Stats:

Sector Momentum Update

Updating the short-term momentum model for the week ending 1^st March 2019.

Note: This does not include commissions, slippage & taxes and I have no positions in this. Just posting for academic purpose. + We do not have any sector ETF’s.