Back

Rohan Saha

Founder - Burn Inves...ย โ€ขย 1m

If we see a decline in defence stocks starting next week, I won't be surprised at all. No doubt, there is scope in the defence sector, but the current high valuations are not justifiable from any angle. Overall, a healthy correction of 10% is possible at this stage, and if the decline continues even after that, then a further 14% correction is possible. I'm saying this based on the Nifty Defence Index.

3 Replies
11
Replies (3)

More like this

Recommendations from Medial

VIJAY PANJWANI

Learning is a key to...ย โ€ขย 4m

Nifty India Defence Index

Reply
4
Image Description

Rohan Saha

Founder - Burn Inves...ย โ€ขย 1m

Nifty Defence is running at a completely different level; no one in this sector seems to care about valuations at all.

1 Reply
7

Rohan Saha

Founder - Burn Inves...ย โ€ขย 1m

Selling Nifty Defence might just be my biggest mistake this year. I felt the valuations were too high, so I sold thinking I'd re enter after a dip. But instead, it shot up 24-30%, and the index just hasnโ€™t come down since. Looking back, I really shou

See More
Reply
4
Image Description
Image Description

financialnews

Founder And CEO Of F...ย โ€ขย 7m

Nifty 50 Index: Signs of Reversal Amid Risky Patterns The Nifty 50 index is exhibiting patterns that signal potential market volatility and a possible reversal. Recent technical indicators, such as overbought levels and resistance zone challenges, s

See More
3 Replies
4

financialnews

Founder And CEO Of F...ย โ€ขย 8m

"Nifty May See Further 1,000-Point Drop, Technical Charts Indicate Potential Market Decline" "If Nifty Fails to Hold Above 24,500, Charts Signal Potential Drop to 200-DMA at 23,365" Nifty 50 May Drop Another 1,000 Points, Technical Charts Indicate

See More
Reply
3
Image Description
Image Description

Aryan patil

Building SwapEat | I...ย โ€ขย 1y

SEBI warned โš ๏ธ investors about Stock market bubble is about to burst anytime soon ๐Ÿ“‰ because The price-to-book (P/B) ratio of the Nifty Midcap 150 index is 4.26, and the Nifty Midcap 50 index has a P/B ratio of 3.64 This Means valuations of the Mid/s

See More
3 Replies
8
Image Description

Dr Bappa Dittya Saha

We're gonna extinct ...ย โ€ขย 1y

They said post covid there will be a recession! Here Nifty at 24000! They are saying massive correction is coming! Dude please make the correction, I wanna buy! Because all I can see is Nifty crossing 25000 sooner!

1 Reply
4

financialnews

Founder And CEO Of F...ย โ€ขย 8m

It is a sell-on-rise market; see Nifty@21,300 by end year Jai Bala, Chief Market Technician, predicts a downward trajectory for the Nifty and Bank Nifty indices, reaching 21,300 and 42,000 respectively by year-end. He anticipates a strengthening doll

See More
Reply
4
Image Description
Image Description

Adarsh Km

Worked in startups a...ย โ€ขย 8m

๐ŸšจMarket Alert! #Nifty in continuous decline and all eyes are now at 200 EMA support, which is normally the last hope for any corrective reversal. Below this, a further deep correction will be seen.? Is this a dip that shall be bought, or should we

See More
10 Replies
4
Image Description
Image Description

financialnews

Founder And CEO Of F...ย โ€ขย 8m

"Nifty Smallcap 100 Drops 3.5%: 17 Stocks Plunge Over 5%" The Nifty SmallCap 100 index saw a sharp decline of 3.5% in todayโ€™s intraday trade, dropping below the 18,200 mark to 18,149. This is the lowest level for the index since mid-August, reflecti

See More
3 Replies
3

Download the medial app to read full posts, comements and news.