As bulls make a strong comeback on Dalal Street ahead of the busy festive season, select stocks have seen a strong rebound on a technical basis, signalling a sharp break-out. A host of market analysts believe that a number of stocks can deliver strong returns in the near term, if one goes by the charts. Based on their recommendations, here are seven stock ideas that can rise sharply in up to 8 weeks:
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply