Home
Option Tools
Services Offered
My Services
Contact Us
Charts
Charts (Premium)
Chart Watch
JCharts (EOD)
JCharts(EOD-COMM)
HCharts (EOD)
HCharts (EOD-COMM)
Forum
Stock Lists
Screener (EOD)
Screener (EOD-Comm)
Breadth Charts
Calculators
Education
Links
FAQs
Advertise Here
Charts (Old)
Login Form





Lost Password?
No account yet? Register
  iCharts Discussions

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Nifty PE chart

 
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Stocks
View previous topic :: View next topic  
Author Nifty PE chart
kmlsoni
White Belt
White Belt


Joined: 03 Feb 2007
Posts: 82
Location: Jodhpur, India.

Post: #1   PostPosted: Mon Aug 04, 2008 9:25 pm    Post subject: Nifty PE chart Reply with quote

The following chart shows PE Ratio plotted for Nifty-50 stocks, as taken from NSE’s published data.

The ‘Jan’08 top was the same as Feb’00 high of 28.47. This is the highest level of PE Ratio at least during the last two 8-year cycle tops. Chart reacted from this level and is currently testing its Mar’07 low near 17.20. The chart is so consistent that its shows nice technical channels for both up and down cycles.

The recent low of 16.33 was close to Sensex equivalent level of 8799, and the same attracted buying for a pull-back to channel, supporting my argument of upward corrective phase. Laughing



NIFPE040808.GIF
 Description:
 Filesize:  12.45 KB
 Viewed:  934 Time(s)

NIFPE040808.GIF


Back to top
View user's profile Send private message Send e-mail
Display posts from previous:   
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Stocks All times are GMT + 5.5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

@MEMBER OF PROJECT HONEY POT
Spam Harvester Protection Network
provided by Unspam