NIFTY PE potential for 22.60 what does it mean

 


NIFTY PE on closing of 07/06/2023 is at 21.81.

The chart pattern on NIFT PE suggest that it could test 22.60 as shown in the chart.

Alternatively, RSI overbought on NIFTY PE could be the next objective for market.

At current NIFTY PE of 21.81 NIFTY stands at 18726.

If NIFTY PE hits 22.60 then potentially NIFTY could be at 19300 or above. This could happen in its own time.













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