Saturday, June 25, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 24 Jun 2011


Posted by r m at 11:48 AM

5 comments:

Shai said...

Thanks RM.

The declining volume tab has gone from one extreme of it's 4 month range to the other, which means that the market cannot put another immediate run higher.

-----------
V2 updated with charts and analysis for Monday

Power levels updated.

June 25, 2011 at 2:26 PM
r m said...

@Shai

I have uploaded Nifty PE Charts for the last one year and will update the same at month end.

June 25, 2011 at 4:06 PM
VK said...

Hi RM:

Nice chart. Please note the PE currently is 20.26 (5470). Nifty usually oscillates between 18.5 PE to 20.5 in sideways market, i.e., 4995 (18.5) and 22.5 PE comes to roughly 5535. So from PE point of view we are at an important level mid point approx with the Friday close:). Thanks once again for the chart.

regards

Vinod

June 25, 2011 at 9:25 PM
VK said...

22.5 PE comes to 6075 and 5535 is 20.5 PE. Sorry for the error RM:)

regards

Vinod

June 25, 2011 at 9:26 PM
r m said...

Thanks Vinod! We ended with 28PE both in 2000 and 2008, guess it needs a scam to reach those heights. :)
But that does not prevent me from daydreaming - at present EPS, that would mean 7500!!!
Here is Nifty Monthly PE chart with PE plotted in a cloud to include monthly variations.

June 26, 2011 at 4:26 PM

Post a Comment

Subscribe to: Post Comments (Atom)