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Nifty PE Ratio at 28.86 (Highest level in 2020)
Nifty has moved from 'Screaming Sell' to 'Buy' to a 'Screaming Sell' once again in 12 months.
#Nifty #nifty50 #PEratio #Pricetoearnings
Nifty has moved from 'Screaming Sell' to 'Buy' to a 'Screaming Sell' once again in 12 months.
#Nifty #nifty50 #PEratio #Pricetoearnings
Heres a similar view based on a study of different parameters...
We are in the 6th consecutive weekly rally in nifty. The previous two longest rallies in last 5 yrs lasted for 8 and 7 weeks in Jan-2018 and Apr-2019 resp. All three rallies are 15 months apart from each other.
