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Blue Star saw new closing high on Monday and formed long bullish candlestick pattern on the daily charts with higher highs, higher lows formation for three days in a row.
Technically, Nifty's daily chart showcases a bullish candle supported by a positive weekly candle.
With improved infrastructure, evolving consumer behaviour and a recovering airline industry, domestic tourism sector is a compelling opportunity for portfolio inclusion, Anirudh Garg of Invasset PMS says
IRFC extended uptrend for third consecutive session with healthy bullish candlestick pattern on the daily charts and the volume remained above average for yet another session.
The Bank Nifty index, a major heavyweight, still lacks conviction, and its participation is crucial to strengthen momentum in the coming week.