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
