Nifty Midcap 50 PE Ratio, PB Ratio & Dividend Yield Ratio Charts

 

-The Midcap sector showed great realitive strength yesterday when the Nifty was down and Midcaps were up. This happened after a long time. Weekly chart .

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P/E, P/B & Div Yield values

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Question is will nifty correct or will midcap rise? Tomm will be critical!! There is bullish divergence that appears on the Nifty Midcap Index, even while the Index trades near the lows the RSI is making higher lows. This is also the Index which went into correction first in Jan ,in that context the broader market may be indicative of something positive.

Today's closing is crucial. Its weekly chart I strongly feel little correction will be in Midcap The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display. The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me.

The Midcap Carnage is Over. Midcap Nifty - Dlog - trendline support risky long. Nifty Midcap Positive divergence. Click here to Login. Email Password Remember me.

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