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Defence stocks breakout: Should you book profits or buy the dip? Anand James answers

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Defence stocks breakout: Should you book profits or buy the dip? Anand James answers
Defence stocks are surging once again, posting double-digit gains and decisive breakouts that have captured investor attention. But with key heavyweights flashing overbought signals, is it time to exit or add more? Anand James, Chief Market Strategist at Geojit Investments Limited, analyses the technicals and advises investors to avoid chasing the rally and instead use a ‘buy-on-dips’ strategy to navigate this strong, well-entrenched bullish trend.

Edited excerpts from a chat:

Nifty ended in the green for the second consecutive week. Safe to say we are out of the woods yet and that the index can eye 25k in the week ahead?

We had gone in last week, favouring a push towards 24,400 or more. Friday saw a test of the same and a close not far from the same. Continuation patterns are aplenty, which favour an extension of the uptrend, aiming for 25,600. However, with oscillators overbought, we prefer to start the week on a cautious note, once in the 24,900-25,000 vicinity, before deciding on the 25,600 play. Be warned against a rough week ahead if we do not get to float above 24,900.

Nifty Smallcap 250 index is up 15% in the month so far. If the trajectory continues, then it could be the best month for the index in the last several years. How strong are the odds of a continued bull run in the smallcap world?

We favour a selective approach, as opposed to a broad-based bullish approach among small caps. Breadth remains robust with 50% of stocks near monthly highs, 10% at fresh all‑time highs, 95% above the 20‑DMA and 80% above the 50‑DMA, signalling strong participation across the universe. Importantly, momentum is supportive but not stretched. The average 14‑day RSI near 60, with nearly half the stocks still below that mark, indicates scope for further catch‑up rallies.

Technically, the Nifty Smallcap 250 index has broken out of a downward-sloping wedge and posted a decisive weekly close above the Supertrend at 16,385, confirming a trend reversal after a prolonged consolidation. If the index holds above this zone, 16,900 is a natural near‑term objective, followed by 17,400. However, given the sharp 15% monthly surge, short-term consolidation and stock level rotation are more likely than a straight-line rally. The broader uptrend stays intact above 15,770.

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Defence stocks are stealing the limelight once again, with multiple counters recording double-digit gains in the week. What are the charts indicating? Time to book profits off the table or stay on the course?

The Nifty India Defence index has delivered a decisive breakout from a multi‑week consolidation, supported by strong weekly gains and a reclaim of all key short and medium‑term moving averages. Momentum indicators validate the move with RSI holding comfortably above 60 without entering extreme overbought territory, while MACD has turned decisively positive on both daily and weekly timeframes, signalling acceleration rather than fatigue. Nearly 80% of the constituents are trading close to their monthly highs, and all stocks are positioned above their 50 and 100‑day averages, underscoring a well‑entrenched uptrend.

That said, heavyweights such as HAL, BEL, Solar Industries and Mazagon Dock are approaching overbought levels on the daily charts, raising the likelihood of short‑term consolidation or profit booking. Encouragingly, their weekly structures remain constructive. The preferred strategy is to avoid chasing rallies and instead buy on dips to participate in the medium‑term bullish trend.

Gallantt Ispat and Shipping Corp were among the two biggest Nifty 500 gainers in the week. How to trade now?

Despite the sharp gains in recent days, Friday saw profit booking from the top, which explains the long wick. This, along with overbought signals from stochastics as well as RSI, rings caution for Monday’s trade. That said, the narrow range break move is still in its early stage, which encourages us to resort to a buy on dips approach with eyes on 272 as the downside marker.

Give us your top trades for the week.

TI (LTP: 470) | View: Buy | Target: 488 | SL: 459Tilaknagar Industries has shown a strong recovery on the weekly charts, breaking out above the recent consolidation zone with a decisive bullish candle. Prices are trading comfortably above key short and medium‑term moving averages, signalling improving trend strength. Momentum indicators support the move, with RSI holding above the mid 50 zone and gradually trending higher, indicating sustained buying interest without signs of excess. MACD is flattening after a prolonged corrective phase and is attempting a bullish crossover, suggesting a potential momentum expansion ahead.

From a price action perspective, the stock has respected higher supports and reclaimed the 460-470 zone, which now acts as a crucial base. Sustaining above this area keeps the upward bias intact and opens room for a move towards 488 in the near term. Any decisive break below 459 would weaken the setup and warrant a reassessment. Overall, the trend favours a buy‑on‑dips approach.

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IGIL (LTP: 373) | View: Buy | Target: 390 | SL: 363

IGIL has delivered a sharp rebound after a prolonged consolidation, marked by a strong bullish weekly candle and a near 10% gain. The stock has decisively moved above its recent range and the supply zone near 360-370, indicating a potential trend reversal. Momentum indicators back the move, with RSI rising close to 60, suggesting improving strength without overstretch, while MACD has turned positive with a fresh bullish crossover, pointing to momentum acceleration.

From a structural perspective, IGIL appears to be forming a base after a lengthy decline, with higher lows taking shape over recent weeks. Sustaining above 370 would keep the bias positive and open the door for an upside move towards 390 in the near term. Any dip towards 363 should be closely watched, as a breach below this level would negate the bullish setup and warrant a reassessment.

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Epic Survival Video Goes Viral

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MrBeast Last To Leave Grocery Store Challenge Wins $250,000: Epic

GREENVILLE, North Carolina — YouTube superstar MrBeast turned an ordinary grocery store into an extraordinary survival arena in his latest high-stakes video, challenging random shoppers to stay inside the longest for a chance to win $250,000 — a contest that quickly escalated into alliances, sabotage, emotional breakdowns and a stunning million-dollar twist.

MrBeast Last To Leave Grocery Store Challenge Wins $250,000: Epic
MrBeast Last To Leave Grocery Store Challenge Wins $250,000: Epic Survival Video Goes Viral

The video, titled “Last To Leave Grocery Store, Wins $250,000,” dropped on April 18, 2026, and exploded in popularity within hours, racking up millions of views. In classic MrBeast fashion, the creator purchased and fully stocked a local supermarket, then invited everyday shoppers to compete by living inside it indefinitely until only one remained.

Contestants faced a grueling test of endurance, strategy and mental fortitude. They built makeshift forts in the aisles — including “Fort Freezy” near the freezers — gathered supplies, formed alliances like the Dream Team and Innovators, and navigated boredom, cold nights and interpersonal drama. Some participants left early upon realizing the commitment, while others dug in, creating sleeping areas from shelves, makeshift showers using produce section hoses and even workout routines with store equipment.

MrBeast kept the pressure high with escalating challenges. He introduced a red line that halved the available space, removed amenities like showers and bathrooms, and forced food donations across the boundary to help local communities. Sabotage incidents sparked chaos, including popped pool floaties that led to near-riots and accusations of theft involving burners and basketballs. Contestants dealt with dwindling phone batteries, family separation visible through store windows and tempting cash offers ranging from $5,000 to $50,000 to quit.

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The competition featured memorable characters. A father-son duo, a pregnant participant in the Innovators group, and individuals like Xavian (accused of sabotage), Autumn, Robbie (who left for his daughter), Juan (celebrated a birthday with cake and a piñata) and Colin (eliminated for crossing the red line) added human drama. Alliances shifted as trust fractured over stolen items and strategic betrayals, turning the store into a microcosm of society under extreme conditions.

In a dramatic late twist, MrBeast offered the final contestants $1 million collectively if they agreed to restock the entire store and eat every item inside it. After deliberation, the remaining group accepted, transforming rivals into teammates with added perks like a gym, nutritionist and better sleeping arrangements. The video ends on this open-ended note, leaving viewers speculating how long the new challenge might last.

Production involved heavy sponsorship integration without disrupting the core entertainment. Square empowered local businesses by curating giveaway boxes featuring Greenville favorites like The Bread Lady and Blackbeard Coffee. Good Ranchers supplied U.S.-sourced meat to highlight quality concerns with typical grocery store products. Major brands including Unilever, Mondelez, Campbell’s, Procter & Gamble, Kellogg’s and others kept shelves stocked with recognizable items like Pringles, Tide, Bounty, Hellmann’s and more. Coca-Cola tied in a FIFA World Cup 2026 sticker promotion, with contestants earning tickets through skill challenges like scoring goals.

MrBeast promoted the event in advance with TV commercials, radio ads and flyers to draw genuine random participants rather than pre-selected contestants. All who stayed underwent standard review processes and had access to on-site medics and mental health support, addressing safety in the prolonged isolation format.

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The video highlights MrBeast’s signature style: massive cash prizes, over-the-top production and feel-good elements. Beyond the competition, the challenge resulted in thousands of food items donated to those in need, turning spectacle into substance. Viewers praised the mix of chaos, strategy and humanity, with comments flooding in about favorite moments like fort-building, alliance formations and emotional family interactions through the glass.

This release continues MrBeast’s streak of ambitious real-life challenges that blend entertainment, philanthropy and viral appeal. Previous videos have featured extreme survival scenarios, massive giveaways and elaborate builds, consistently drawing tens of millions of views. The grocery store concept taps into universal curiosity — “imagine living in a grocery store” — while delivering escalating stakes that keep audiences hooked for the full runtime.

Social media reactions poured in rapidly after upload. Fans dissected strategies, debated who deserved to win and speculated on the million-dollar extension’s feasibility. Some compared it to other endurance challenges like last-to-leave circles or island survival videos, noting MrBeast’s unique ability to scale everyday settings into epic events. Reddit threads in r/MrBeast and broader discussions analyzed the psychological aspects, from alliance dynamics to the toll of boredom and confinement.

For MrBeast, whose real name is Jimmy Donaldson, the video reinforces his position as one of YouTube’s most influential creators. Known for giving away millions and pushing production boundaries, he continues evolving the format while maintaining core values of generosity and fun. The grocery store challenge also spotlights practical themes like food sourcing, community support and the power of collective decision-making under pressure.

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As the final contestants commit to the expanded million-dollar goal, questions linger about how long they can sustain the effort and what further twists MrBeast might introduce. The video’s open ending invites speculation and potential sequels, a common tactic that sustains engagement across his channel.

The production also benefited local economies through sponsorships and the initial 50% off sales that lured participants. MrBeast’s team emphasized ethical standards, ensuring participant welfare amid the unconventional setting. This attention to detail helps differentiate his content in an increasingly crowded creator space.

Within 24 hours of release, the video amassed tens of millions of views and hundreds of thousands of likes, trending across platforms. Clips of key moments — fort constructions, sabotage drama, emotional exits and the million-dollar reveal — circulated widely, amplifying reach beyond the full upload.

MrBeast’s consistent output of high-production challenges has built a dedicated global audience that tunes in for both the spectacle and the underlying positivity. This grocery store edition delivers on expectations while introducing fresh elements like brand integrations tied to real-world impact and the collaborative twist at the end.

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As viewers digest the chaos and camaraderie, many are left reflecting on human resilience when basic needs meet extreme incentives. The video not only entertains but sparks conversations about strategy, morality in competition and the blurred line between game and real life when money and survival collide.

For now, the last contestants remaining in the store face an indefinite stay with the raised stakes. Whether they conquer the restock-and-consume challenge or face further MrBeast interventions remains to be seen — but one thing is certain: the internet is already hooked on this latest chapter of outrageous, heart-pounding content.

The full video is available on MrBeast’s YouTube channel, where fans continue to comment, theorize and celebrate another boundary-pushing production that turns the mundane into the unforgettable.

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Week Ahead: Dollar And Stocks Due For Corrections?

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Week Ahead: Dollar And Stocks Due For Corrections?

Week Ahead: Dollar And Stocks Due For Corrections?

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Tens of thousands gather outside Angolan capital for Pope Leo Mass

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Tens of thousands gather outside Angolan capital for Pope Leo Mass


Tens of thousands gather outside Angolan capital for Pope Leo Mass

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Buy 5 Ideal ‘Safer’ Dividend Dogs Of 40 March ReFa/Ro

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Buy 5 Ideal 'Safer' Dividend Dogs Of 40 March ReFa/Ro

This article was written by

Fredrik Arnold is a former quality service analyst. He is now reporting investment ideas with a primary focus on dividend yields by utilizing free cash flow and one-year total returns as trading indicators. He is the leader of the investing group The Dividend Dog Catcher, where he shares a minimum of one new dividend stock idea per week with focus on yield or extraordinary financial circumstances. All ideas are archived and available after weekly announcement. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

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IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions


IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

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10 Must-Know Facts About Justin Bieber’s Skylrk Brand After Coachella Explosion

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10 Must-Know Facts About Justin Bieber's Skylrk Brand After Coachella

LOS ANGELES — Justin Bieber’s fashion and lifestyle brand Skylrk has rocketed from a mysterious teaser project into a commercial powerhouse, capped by a record-shattering $5.04 million in merchandise sales during the first weekend of Coachella 2026 alone.

10 Must-Know Facts About Justin Bieber's Skylrk Brand After Coachella
10 Must-Know Facts About Justin Bieber’s Skylrk Brand After Coachella Explosion

Launched quietly in July 2025 after years of Instagram teases and prototype sightings, Skylrk has quickly distinguished itself from Bieber’s earlier co-founded label Drew House through bolder colors, higher-quality materials and a deeply personal creative direction. Here are 10 essential things to know about the brand that turned “Bieberchella” into a retail phenomenon.

  1. Skylrk Is Bieber’s Fully Independent Solo Venture Unlike Drew House, which Bieber co-created with stylist Ryan Good in 2018, Skylrk operates as his solo project with full creative control. He reportedly partners with business figures such as Neima Khaila of Pink Dolphin but maintains hands-on involvement in every detail, from design to quality checks. Bieber has publicly distanced himself from Drew House, even posting symbolic content suggesting a clean break to focus on this new chapter.
  2. The Name Carries Symbolic Meaning “Skylrk” draws inspiration from the skylark, a songbird known for singing while soaring high in the sky. The shortened, stylized spelling also nods to “skylarking,” an old term for frolicking or playing freely. This reflects Bieber’s vision of joyful, unrestricted self-expression through fashion — a theme that resonates with his evolution from teen idol to a more mature, introspective artist and family man.
  3. Bold Colors and Comfort-First Design Define the Aesthetic Skylrk leans into vibrant, candy-toned palettes — sky blue, Barbie pink, bright red, coral and neon accents — contrasting sharply with the more muted tones of many streetwear lines. Core products emphasize oversized silhouettes, plush textures and everyday comfort: oversized hoodies, zip-up fleece, waffle knits, beanies, molded rubber slides, chunky mules and futuristic sunglasses. Materials often include premium cotton, brushed fleece and YKK zippers, with attention to details like pigment dyeing for a lived-in feel.
  4. Innovative and Playful Product Features Early standouts include slides with removable, interchangeable soles for custom color combinations and the viral “Sizzler” silicone phone case featuring a joint-shaped holder — a cheeky nod to festival culture. Other items range from sculptural sunglasses priced around $200 to affordable beanies at $40, plus robes, sweatpants, tank tops and even limited basketball-inspired pieces. The brand mixes streetwear swagger with loungewear ease and occasional surrealist touches.
  5. Hailey Bieber Plays a Key Creative Role Bieber’s wife has been deeply involved, starring in the brand’s first major campaign and co-designing pieces. A Valentine’s 2026 capsule included leather jackets named after her (HB Hooded Leather Jacket and HB Leather Jacket). Hailey has also worn Skylrk pieces publicly and contributed humor-infused designs, such as a “Future Mrs. Bieber” tee, blending the couple’s personal dynamic into the brand’s identity.
  6. Coachella 2026 Delivered a Historic Merch Breakthrough During weekend one of Coachella, Skylrk generated $5.04 million in sales — more than triple the previous festival record of $1.7 million across both weekends. The brand operated a dedicated shop next to the 9,000- to 10,000-square-foot “Skylrk Oasis” activation, complete with shade, misting stations and immersive visuals. “Swag”-themed and “Bieberchella” drops featured date-specific hoodies, tie-dye graphics, “It’s Not Clocking” thermals and “Biebervelli” pieces that sold out rapidly both on-site and online.
  7. Bieber Personally Wears and Promotes Every Drop Since at least late 2023, Bieber has been photographed in prototype Skylrk items, using his Instagram as a living lookbook. He continues modeling new releases, sharing updates on fit, safety and improvements. Fans and observers note this authentic involvement sets Skylrk apart from many celebrity fashion lines where the star’s name is merely attached rather than embedded in the creative process.
  8. Influences Include Yeezy-Era Minimalism With a Bieber Twist Design cues echo late-2010s loungewear and elements from Kanye West’s Yeezy and Fear of God aesthetics, but Skylrk pushes into softer, more playful territory with surreal details and brighter palettes. It feels like an evolution rather than imitation, blending techwear cuts, plush comfort and festival-ready functionality while avoiding heavy logos in favor of subtle or graphic-driven expression.
  9. Rapid Growth and Cultural Momentum Since the July 2025 launch, Skylrk has expanded through numbered drops, festival activations and limited collaborations (including a recent Shark ChillPill personal fan). Social media following has surged, with significant media impact value generated from Coachella exposure. Resale markets quickly inflate prices for sold-out items, and the brand’s sparse, mysterious early marketing built anticipation that paid off in strong demand.
  10. It Represents Bieber’s Next Chapter in Business and Identity At 32, with a young family and a career spanning more than 15 years, Bieber positions Skylrk as an extension of his current lifestyle — comfortable, expressive and family-oriented rather than purely nostalgic teen-pop merch. The brand’s success at Coachella, combined with his record $10 million headlining fee, demonstrates how Bieber continues to monetize his cultural relevance while evolving creatively. Future expansions could include more apparel depth, collaborations and potentially international pop-ups.

Skylrk’s meteoric rise highlights the power of authentic artist-driven brands in today’s superfandom economy. While some pieces draw comparisons to past streetwear movements, the brand’s emphasis on quality, personal storytelling and joyful color sets it apart. As weekend two of Coachella continues and online demand remains high, Skylrk appears poised for sustained growth beyond festival season.

Whether fans are drawn to the comfort of oversized hoodies, the novelty of customizable slides or the cultural cachet of wearing something tied directly to Bieber’s daily life, the brand has proven it can deliver both emotional connection and serious commercial results. In an industry crowded with celebrity fashion lines, Skylrk stands out by feeling genuinely personal — a rare quality that may define its long-term staying power.

For those eager to explore the collection, the official Skylrk website continues to offer select Coachella-inspired items and core lineup pieces, though many popular drops sell out quickly. As Bieber balances music, family and this expanding entrepreneurial venture, Skylrk represents more than clothing — it’s a vibrant, soaring expression of where the artist stands today.

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Sezzle: Positive Growth Momentum And An Improved Valuation (NASDAQ:SEZL)

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Sezzle: Positive Growth Momentum And An Improved Valuation (NASDAQ:SEZL)

This article was written by

David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions, and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Rat poison found in HiPP baby food jar in Austria, police say

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Rat poison found in HiPP baby food jar in Austria, police say

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9 stocks that may get demoted to smallcap in AMFI rejig

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The Economic Times

Jubilant Foodworks and Godrej Industries are borderline names in the midcap stocks list that may get smallcap status in H2 CY26. They have market capitalisations of Rs 30,234 crore and Rs 31,137 crore, respectively.

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'My school cannot afford free breakfast club'

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'My school cannot afford free breakfast club'

Barbara Middleton says she cannot afford to staff the government’s free breakfast clubs.

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