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Experts expect the rally to continue in the coming sessions, with the Nifty 50 moving towards 19,100-19,200 levels, after which minor profit booking can't be ruled out.
Nazara Technologies has seen a decisive breakout of current month's consolidation range and jumped 5 percent to Rs 661, the highest closing level since October 28, 2022. The stock has formed long bullish candlestick pattern on the daily scale with above average volumes.
MRF shares have witnessed a strong upside in the last few months with continued outperformance against broader market indices, said Gaurav Bissa of InCred Equities. A close above Rs 1 lakh will confirm bullish flag breakout, he said.
On the monthly charts, it has rallied nearly 30 percent in the current month and formed a strong bullish candlestick pattern with significantly higher volumes