Mentorship InstaView 01 Sept’21: What Goes Up, Must Slow Down


Nifty View: We now have a slow down of the recent momentum as the benchmark Nifty posted a flattish negative close to end the trading session at 17,096. The index did slip quite a bit from its intraday high of 17,228 to end the series of four consecutive positive daily closes. No damage to the underlying UP trend yet and any further weakness should be first looked into as an opportunity to go long. Stock and sector specific momentum continues as we noticed in the Real Estate stocks today, and this trend is likely to continue. So keep a bullish bias. Please watch the video for a more detailed analysis.

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