The Nifty Heavy Weights

The Heavies Revisited....!

The Nifty was trending down when we  visited the Nifty Heavies last time. Since the Nifty has broken out upwards, it is time for a revisit...!

Let us examine which issues  have the highest weights at present and where they are trading in relation  with their 200 day moving averages.

The following table shows the top fifteen heavyweights who have a combined weight of more than 65 % of the Nifty. They are the majority and so the Nifty moves to the direction of the heavies in general.

Nifty Heavies, Their Rank, Price And 200 Day Moving Average 

Out of the top fifteen issues, ten issues having a total weight of 43 % are trading above their 200 day moving averages as on 2nd March 2010. Five issues having a combined weight of 23 % are still trading below their respective 200 day moving averages.  IT, Financials, Capital Goods and the Materials groups are trading upwards of their  200 DMAs where as Oil & Gas, Telecom and Real Estate are the laggards. Here's the charts of the winners and the laggards...

The Information Technology Stock  Charts

 You can click on the Chart to enlarge. 

The Financials Stock Charts

You can click on the table to enlarge. 

The Oil & Gas Stock Charts

You can click on the table to enlarge.  

The Telecom Stock Charts

You can click on the table to enlarge. 

The Real Estate Stock Charts

You can click on the table to enlarge.

Cheers and Prosperous Investing and Trading!!!

You can use the free online Position Limit Calculator from here.

You can also checkout the five year history of The Momentum Signal Spreadsheet from here. 

© All rights reserved.

Disclaimer: No research, information or content contained herein or in the accompanied spreadsheet shall be construed as advice and is offered for information purposes only. We shall not be responsible and disclaim any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered by the user or any third party as a result of or which may be attributable, directly or indirectly, to the use of or reliance on any information or service provided. All files/information is provided 'as is' with no warranty or guarantee as to its reliability or accuracy.