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Sun Pharma, TCS, UltraTech: 5 Sensex stocks that you should bet on for 2022

Year 2020 may see up to 20 per cent jump in these stocks, as the chart formations reveal higher interest of market players in these counters

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BSE Sensex

Avdhut Bagkar Mumbai
Tata Consultancy Services (TCS)
Likely target: Rs 4,500
Upside potential:  20%

The recent weakness in the overall market could not dismantle the significant support of Tata Consultancy Services (TCS) counter. The lower rising trendline saw the stock get support near Rs 3,400 mark and reversed with strong upward momentum. The stock has now conquered the resistance of Rs 3,670 and is ready to fly in the direction of Rs 4,500 levels, as shown in this weekly chart. CLICK HERE FOR THE CHART
UltraTech Cement Ltd (ULTRACEMCO)
Likely target: Rs 8,500
Upside potential:  13%

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First Published: Dec 31 2021 | 11:57 AM IST

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