NPS vs PPF

 

Nifty 50 Profit-to-Earning ratio and its sentiment

 

VALUATION	NIFTY 50 PE RATIO RANGE	DESCRIPTION/MEANING
VERY EXPENSIVE	25 TO 30+	RARE EVENT. LOOK FOR SHORT OPPORTUNITIES, EXTREMELY SELL SUGGESTED
EXPENSIVE	20 TO 25	BOOK AT LEAST 60-75 % PROFIT BY SELLING YOUR PORTFOLIO
AVERAGE/MODERATE	15 TO 20	BUY OF GOOD LEVELS AND/OR HOLD (IF ALREADY BOUGHT)
INEXPENSIVE	12 TO 15	EXTREMELY BUY
VERY INEXPENSIVE	BELOW 12	RAREST EVENT. BUY, BUY, BUY

 

 

Continuation pattern using symmetrical triangles on stock/equity chart

 A symmetrical triangle is formed of higher lows and lower highs which usually signals that the market is balanced and ready to move in either direction. As the triangle is being formed, the volume shrinks, and the breakout would be accompanied with great volume which lead the market to the next movement. Refer this for more information: Chart patterns in technical analysis of stocks/equity