By using a simple strategy, we identified a few sectors that can outperform NIFTY50 in the near to medium term
Ratio analysis involves comparing 2 instruments to identify their relative performance.
For this, we divide the numerator by the denominator to arrive at a ratio. If the line of a ratio chart is rising, the numerator is outperforming the denominator and vice versa.
Using this technique, one can see that though BANKNIFTY has given positive returns in the past year, it has underperformed when compared to NIFTY50.
So we identified a few sectors doing the opposite, i.e. likely to outperform NIFTY50.
Checkout the latest issue of Upsurge’s Newsletter to know which 3 sectors we identified
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