Market PE at 40 and yet the market is not falling, why? Getting asked this question multiple times. Here's a thread covering ‘very basic’ premier on valuation for my retail investor friends.
Do hit the ‘re-tweet’ and help us educate more investors (1/n)
Moving average road map:
5 day EMA - Strong Momentum
10 day EMA - Short Term Trend
20 day EMA - Pullback Support
50 day SMA - Uptrend Defense Line
100 day SMA - Big Price Dip
200 day SMA - Last Stand in an uptrend/downtrend
250 day SMA - Value zone
I don’t know who has created these but nice information and ppl should work on these. And result is very effective if you do proper practise.
Just wanted to say thanks whoever putted details together.. -#Nifty#Banknifty
“To buy when others are despondently selling and to sell when others are euphorically buying takes the greatest courage but provides the greatest profit.”
― Sir John Templeton
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To help you get started, we’ve compiled a list of resolutions that can help you improve your performance in 2020.
#BSE#NSE
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