Wealthcreatures.com

Just Another observation

But this Time It’s TECHNICAL

Nifty currently @ 23151

🔸Nifty has dipped only Twice below 30-month moving average (MMA) as a long-term trend indicator.

🔸Historically whenever Nifty 50 drops below this level have often marked the beginning of major
"BULL RUN”

Markets Have Touched or fallen below this average only Twice before this in last 10 years


1️⃣ 2016: Market touched/crossed the 30-MMA before a recovery.

2️⃣ 2020: Market fell significantly below the 30-MMA during the COVID-19 crash before surging.

3️⃣ 2026 (Current): This is the third occurrence in 10 years where the Nifty has dipped below this long-term support.

Another 5%- 8% dip in wroste case scenario

I strongly believe That Nifty can Touch 35000/40000/45000 and even 50000+ in next 4-5-6 years

Just an Observation

𝗡𝗜𝗙𝗧𝗬 @ 23150

Last 10 yr avg PE : 23.4

Current PE : 20.3

Last 10 years Data Lowest P.E Zone

Feb 2016 : 18.8
March 2020. : 17.2
June 2022 : 19.7
March 2023 : 20.0
Oct 2023 : 20.4
June 2024 : 20.8
March 2025 : 19.6

From past data it’s clear anything bwt 17.5 To 20 P.E is Great Value zone

Lets C how it Turns out in March Month

JUST AN OBSERVATION

🔸During Russia Ukraine war, Nifty touched PE of 18.9.

🔸In 2025 during tariff issue, Nifty bottomed out at PE of 19.7. Currently Nifty 50 PE @20.7

🔸So going by history, there might be another 4% To 5% pain left.

🔸Currently Nifty @ 23150

Risk reward is extremely favourable for long term investors.

JUST AN OBSERVATION

🔸While the Nifty 50 broke the previous panic lows-
The broader market didn’t do that - both the Smallcap and the midcap nvr broke much

🔸There is panic in Nifty the panic isn’t that much in the broader market.Lets hope that continues

🔸In panic anything is possible but if you pause and think where the markets would be in next 12-24-36 months

🔸Quality stocks which are growing would be much much higher.

🔸And Also Price & Time wise correction and consolidation can be over