Tuesday, November 22, 2011

Nifty Next- Nifty PE Chart Since 1999.

Nifty PE(Price Earning) Chart since 1st Jan 1999.PE is used mainly to gauged the Cost of Indices/Stocks on long term basis. At Present it is hovering around 17.30,Below its 30 DMA, indicating a Bearish Trend for Short Term.
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