Defence Sector stocks - View on the sector

Defence Sector stocks - View on the sector 1) We believe that the defence sector is now overvalued considering the short term run up 2) We believe we may see the same pattern which we have seen in railways stocks last year 3) It may be the case that the sector may stay overvalued for some more time 4) This is highly advisable to book profits in this sector 5) Stay with some cash 6) We may see a dip in the nifty as well. 7) We can possibly deploy this cash later when market comes down. 8) Stock on radar -

9) All this data is for information. This is not a buy/sell call. Thank you, Technofunda24