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kacharts

midcap - trend /pe analysis

S&P BSE MidCap Index (BSE:MIDCAP)  
kacharts  
BSE:MIDCAP   S&P BSE MidCap Index
4
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midcap index is trading at high pe level as well as broke the trend .breakdown looks similar to breakdown of October 2016.
stay cautious any long is not advisable . correction expected till 13256; 50% entrancement of move from December 2016 lows

buying is not advisable
KA
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