Purchase zone

2008 fall
Exp fall in 2022-23
Nifty high to high rally % for 13.6 years
Predicted for 2035
Approx 30% fall from High
Approx 25% fall from High
 Expected Big Greedy
Line

Expected Big Fear Line

Expected to reach
15 P/E ratio for 811.27 earnings is level 12169
16 P/E ratio for 811.27 earnings is level 12980
17 P/E ratio for 811.27 earnings is level 13792
18 P/E ratio for 811.27 earnings is level 14602.86
19 P/E ratio for 811.27 earnings is level 15414.13
If earnings improves less chance to fall to 12169 levels
Avg of above is 13791.426

Approx 25% fall from High in three years to reach 13500 approx for P/E ratio around than 15-16
Nifty max probable to reach 13000 blue and orange line compared with recent falling pattern
16 PE @ 13000 Fir retracement slightly conforms at 50% & 61 % zone
Same as previous chart but red line extended confirms the reach of 15500 zone red line is the higher highs after 2010 and was the lower lows
before 2010. Presently lower lows are seen between blue and orange lines if P/E ratio is improved.
Same as above for clearly showing the predicted zone between orange and blue line
9 bars means 9 months or less than nine months to have 25 % fall in India with in 2023 March
Approx 28 bars 2 yrs 4 months side ways
 Zone0

Zone1

Zone4
Zone3
There is a large chance of the red line to act as a support in worst case the red line will be resistance in future
Between green and Red expected Resistance zone and B/w orange and blue expected support zone

B/w top black and green Greed zone & B/w top black and Orange zone Fear zone,,,
 Dec 2022 to March 2023

Too Greed line too fear line (Black), Ressistance green and Support red for last 12-15 years ALLWAYS CHECK P/E RATIO