NIFTY PSE: in REVERSAL Mood
If NIFTY PSE Index Moves towards Midian -> Upper Band of parallel channel,
Who Tooks Initiatives? Think Heavy Weights.
Top constituents by weightage (Name(WEITAGE%)
NTPC'(13.23%), ONGC'(11.83%), POWERGRID'(11.12%), COALINDIA'(9.11%), IOC'(8.82%)......
Some Fundamentals: P/E => 10.94, P/B => 1.48, Div Yld => 4.32,
Correlation (NIFTY 50): 0.69(1 Year),
Std. Deviation(Average daily standard deviation annualized): 14.82 Near All Time LOW
(Compare to: #1 Since Inception It is 26.62  5 Year Avg. 18.71)
Returns (%): QTD => -8.87%, YTD => -18%
All Data Based on as per June 29, 2018 data realeased by NSE.
Can Accumulate for a SHORT Term Gain.
Due details plotted on Chart.
Education Purpose only.
If useful Like & Share
Who Tooks Initiatives? Think Heavy Weights.
Top constituents by weightage (Name(WEITAGE%)
NTPC'(13.23%), ONGC'(11.83%), POWERGRID'(11.12%), COALINDIA'(9.11%), IOC'(8.82%)......
Some Fundamentals: P/E => 10.94, P/B => 1.48, Div Yld => 4.32,
Correlation (NIFTY 50): 0.69(1 Year),
Std. Deviation(Average daily standard deviation annualized): 14.82 Near All Time LOW
(Compare to: #1 Since Inception It is 26.62  5 Year Avg. 18.71)
Returns (%): QTD => -8.87%, YTD => -18%
All Data Based on as per June 29, 2018 data realeased by NSE.
Can Accumulate for a SHORT Term Gain.
Due details plotted on Chart.
Education Purpose only.
If useful Like & Share
Note
Approx 7% Up move in 21 trading days (in a month).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.