Defence stocks are trading higher on Tuesday, September 3rd, led by HAL, which received a boost after the Cabinet Committee approved the ₹26,000 crore procurement of 240 aero-engines for Su-30 MKI aircraft from the company. Ratnesh Goyal, Senior Technical Research Analyst at Arihant Capital Markets, believes that momentum in the defence sector is likely to continue. He shares his views on Cochin Shipyard, advising that if you're investing for the short to medium term, set a stop loss at ₹1,800 as the stock may see more consolidation, with a medium-term target of ₹2,150-₹2,190. Regarding HAL, Ratnesh Goyal describes it as a promising and outperforming stock with strong potential, advising investors not to panic