Defence stocks breakout: Should you book profits or buy the dip? Anand James answers
Defence stocks are rallying sharply with strong technical breakouts, though select heavyweights signal near-term overbought conditions. Analysts advise avoiding chasing the surge and instead adopting a buy-on-dips strategy. Broader market momentum remains positive, with selective opportunities in smallcaps and identified stocks showing potential upside.
Defence stocks are rallying sharply with strong technical breakouts, though select heavyweights signal near-term overbought conditions. Analysts advise avoiding chasing the surge and instead adopting a buy-on-dips strategy. Broader market momentum remains positive, with selective opportunities in smallcaps and identified stocks showing potential upside.
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