If you are not getting the information from someone who is already wealthy, then you’re probably getting information from the wrong people. Most people ask their friends, the guy next door, someone they know – how do I earn more ? If they knew they’d be earning it – they don’t know. And most people talk to people that don’t know.
Global Markets
YTD Performance
Global markets are stable and continue to rise.

China though has bottomed out, continues to lag and waiting for better things and time to come.
Market Breadth
New Highs / New Lows
New Highs continue to rise as Nifty made a new ATH on friday.

Banknifty continued to correct and is in short term consolidation / basing.
Nifty
Daily chart
Nifty is range bound and now consolidating at All Time Highs.

Current range : 24200 – 24500
Nifty Indices
YTD Performance
As Budget date comes closer PSE sector once again leads the pack.
Don’t try to fish stocks in any other sector as they will Squat and hit SL. If you’re not in the PSE sector – you need to rethink !

Stay away from underperforming sectors, Legendary traders follow this one important strategy of always staying in Alpha sectors and Alpha stocks.
The Alpha
Sectors and Stocks
Keeping a watch on where the leadership is in the sector helps to get the True Market Leader / Model Book Stock / Alpha Stock.
| SECTOR NAME | LEADING STOCK |
| Adani Group | Adaniports |
| Auto | Amaraja |
| Birla Group | Abfrl |
| Cement | Grasim |
| Chemicals | Solarinds |
| Commodities | Vedl |
| Consumer Durables | Dixon |
| Defence | Cochinship |
| Electric Equipment | Tril |
| Electronic Mfg | Dixon |
| Energy | KPIGreen |
| EV and Adv Auto | JWL |
| Fertilizer | Dhanuka |
| Finance | Recltd |
| Fmcg | Trent |
| Hotels | ITDC |
| Infra | Industower |
| IT | OFSS |
| Logistics | Aegislog |
| Mahindra Group | M&M |
| Media | DBCorp |
| Metals | Hindzinc |
| Oil & Gas | Oil |
| Pharma | Wockpharma |
| PSE | Hal |
| PSUBanks | Iob |
| PvtBanks | Federalbnk |
| Railway | Rvnl |
| Realty | Purva |
| Reits | Biret |
| Roads | Usk |
| Shipping | Cochinship |
| Solar | Ina |
| Sugar | Bajajhind |
| Tata Group | Asal |
| Telecom | Industower |
| Textile | Raymond |
Stocks to focus
Trade / Invest
| TRADE | INVEST |
| Bhel | Bdl |
| Bosch | Cdsl |
| Godrejcp | Lici |
| Muthootfin | Pninfra |
| Petronet | Suzlon |
Your Job is to find ONE stock and handle it well.
2 responses to “12.7.24 : markets, sectors and α-stocks”
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EXCELLENT ANALYSIS ! THANKS FOR UR INPUTS ! DEAR .
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Thanks for reading the weekly report🤘
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