MR Sworn as new PM
- The Invisible
- Posts : 3116
Join date : 2016-11-28
Age : 44
Re: MR Sworn as new PM
The Invisible wrote:shalika.56 wrote:Can we expect a Green Market?
Generally when a power change has happened the market reacting positively at least for short period. Therefore, we can expect a green week next week. The other thing is that market reached its all time high during MR era so market can expect the same thing again.
During the last 4 year period the market PE has come down from 20x to 9x now. At least as an immediate reaction the market PE should move back to 10x in short term.
We are waiting..
Market start was very aggressive. Over 100 points up within half an our. However look at the market very carefully. Control your eagerness as this is still the beginning. However you can concentrate on short term trading opportunities.
There are trading opportunities in stocks such as JKH, SAMP, KAPI, GREG, HASU, AEL, etc. Better to do few selected trades and wait for future developments.