Nifty P/E is a way by virtue of which we can know whether market is overbought or worth entering.
It has generally ranged between 14 and 30 and one can go for buying when it crosses above 15 and better to exit when it tries to surpass 22-25. Just remember that Nifty provides negative return for next 2-3 years as and when it crosses 22-25 mark. Presently Nifty is hovering above 20 and thus some more upside is seen in the market and make use of the time by using our best Jackpot tip which finishes by 11:30 AM.
It has generally ranged between 14 and 30 and one can go for buying when it crosses above 15 and better to exit when it tries to surpass 22-25. Just remember that Nifty provides negative return for next 2-3 years as and when it crosses 22-25 mark. Presently Nifty is hovering above 20 and thus some more upside is seen in the market and make use of the time by using our best Jackpot tip which finishes by 11:30 AM.
