Friday, April 24, 2009

Sensex And Its Indices - Weekly Performance!!!

Below are two charts; the first one is how the various BSE Indices gained on week on week basis. As you can make out of the chart that all the Indices seem to have had a good week, barring the Consumer Durables which returned negative returns.



The chart below is the Real thing; it shows Relative Strength Comparative of various BSE Indices vis a vis broader Sensex. As can be seen that 8 out 13 are underperforming, we need more performers to fuel this rally. These charts are great tools to observe sector rotations also!



"You have brains in your head. Your feet in your shoes. You can steer yourself in any direction you choose." Dr. Seuss



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