Hi friends,
As many friends are asking about fundamental analysis in this situation, here i am attaching the analysis with charts, check valuations also in this situation :-
NIFTY PRICE 2 DECADE CHART :-
NIFTY PE RIGHT NOW @ 17.14 WHERE AS IT REACHED 10.68 IN 2008 FALL ON 27TH OCT 2008 AND NITY MADE A LOW OF 2252.75 ON THE SAME DATE WHEN PE REACHED TO 10.68 , SO, BY FUNDAMENTAL DATA WE ARE STILL MORE TO GO TO TOUCH NIFTY PE TO BELOW 11
NIFTY PB RIGHT NOW @ 2.8 WHERE AS IT REACHED 2.12 IN 2008 FALL ON 27TH OCT 2008 AND NITY MADE A LOW OF 2252.75 ON THE SAME DATE WHEN PB REACHED TO 2.12, SO, BY FUNDAMENTAL DATA WE ARE STILL MORE TO GO TO TOUCH NIFTY PB TO BELOW 2.2
NIFTY DY RIGHT NOW @ 1.6 WHERE AS IT REACHED 2.24 IN 2008 FALL ON 27TH OCT 2008 AND NITY MADE A LOW OF 2252.75 ON THE SAME DATE WHEN DY REACHED TO 2.24 , SO, BY FUNDAMENTAL DATA WE ARE STILL MORE TO GO TO TOUCH NIFTY DY TO GO ABOVE 2.24
sir....once again thanx for ur views....
ReplyDeleteif u can also let us know what will happen to midcaps will really appreciate...thanx