 "The stock of RBL Bank has taken support at its key moving average and has formed a bullish flag pattern")
Nifty continue to mount on strong global sentiments; Nifty witnessed highest weekly closing in 15 weeks
Market traded with positive sentiments on Friday, advancing on firm global cues and short covering move. Nifty closed above 10,000 on weekly basis, which shows confidence in bulls for the next week due to monthly expiry for June series. Nifty managed to close at 10,244.40 adding 152.70 points. Reality, PSU banks and Media stocks closed with positive note, but technology and metal stocks closed in red mark. Nifty bank closed at 21,338.10 adding 381.80 points from the previous day’s closing.
Market traded with positive sentiments on Friday, advancing on firm global cues and short covering move. Nifty closed above 10,000 on weekly basis, which shows confidence in bulls for the next week due to monthly expiry for June series. Nifty managed to close at 10,244.40 adding 152.70 points. Reality, PSU banks and Media stocks closed with positive note, but technology and metal stocks closed in red mark. Nifty bank closed at 21,338.10 adding 381.80 points from the previous day’s closing.
As per monthly
