General Trading Chat

another thousand point move any direction will be juicy...
We are in 23 PE zone so 1000 points move unlikely unless earnings of Nifty constituents go up which seems at some distance in time.

Above 25 PE market generally makes its intermed tops. So if you want numerator to increase, the denominator ( earnings) should also increase elase we go in bubble territory.

Smart_trade
 

deba72

Well-Known Member
We are in 23 PE zone so 1000 points move unlikely unless earnings of Nifty constituents go up which seems at some distance in time.

Above 25 PE market generally makes its intermed tops. So if you want numerator to increase, the denominator ( earnings) should also increase elase we go in bubble territory.

Smart_trade
Is this trailing or forward PE ?
 

Subhadip

Well-Known Member
We are in 23 PE zone so 1000 points move unlikely unless earnings of Nifty constituents go up which seems at some distance in time.

Above 25 PE market generally makes its intermed tops. So if you want numerator to increase, the denominator ( earnings) should also increase elase we go in bubble territory.

Smart_trade
In upside movement is capped as too many resistance in different places like at 8815 range, 8900 range, 9100 range,
but in downside no problem can go 1000 point easily..
 
In upside movement is capped as too many resistance in different places like at 8815 range, 8900 range, 9100 range,
but in downside no problem can go 1000 point easily..
Are nahi bhai, hamare investment portfolio ka kya hoga :D??

ST
 
Hedge with 8500 PE sir...
If 1000 points downmove comes, we will make plenty of money in trading...but not expecting downmove below 8400-8300 in near future...

We will be higher than where we are by this year end ( Dec End) in my view.

Smart_trade
 

deba72

Well-Known Member
If 1000 points downmove comes, we will make plenty of money in trading...but not expecting downmove below 8400-8300 in near future...

We will be higher than where we are by this year end ( Dec End) in my view.

Smart_trade
IMO, for a major correction to happen in global equity markets, first the bond yields have to move in positive territories and stay there for a considerable length of time.. Currently, lot of money is parked in risk-free assets globally...
 

Similar threads