Here's one Large cap stock that seems completely ready for budget:
L&T - Here's the Daily Chart
As you can see in the daily chart above - L&T is one stock that has not done much since Modi victory. The stock did breakout to new high above 1440 post Modi victory but did not advance much. For last 9 months - the stock has failed to cross 1755. Recently, the company came out with disappointing earnings and stock sold off but then market very quickly shrugged it off and stock started moving up. The stock is once again near resistance point just few days before budget. There is very high chance that on good budget - L&T stock might lead the rally and breakout past 1755. Atleast - that's what charts indicate as of now.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers