pre-budget rally

TCS shares may rally towards Rs 4,400 soon after Friday’s breakout: Rupak De

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TCS shares may rally towards Rs 4,400 soon after Friday’s breakout: Rupak De

After ending Friday’s session nearly 7% higher, shares of Tata Consultancy Services (TCS) could rally towards a new 52-week high of Rs 4,400. “On the weekly chart, the stock had found support at the rising trend before the recent rally. On the daily chart, the stock has given a consolidation breakout. Suggesting a rise in … Read more

Stock Market Outlook | Jai Bala: Market poised to go quite a bit lower; put protection between now and February: Jai Bala

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Stock Market Outlook | Jai Bala: Market poised to go quite a bit lower; put protection between now and February: Jai Bala

“The best thing investors and traders can do is definitely have some put protection somewhere between now and February. The rally that could come in the extreme short term could be a pre-budget rally and the market could sell off post the budget,” says Jai Bala, Chief Technical officer, Cashthechaos.com. Well the cold wave is … Read more