Mentorship InstaView 04 Aug’21: Party Continues

4 thg 8, 2021


Nifty View: Buying momentum continues as the benchmark Nifty extended yesterday’s up move with another 114-points gain in today’s session. Most of this gain came in from the very opening hour, post which the index essentially consolidated its gains. Good to see participation coming in from heavyweight sectors like Banking and Financials. The underlying trend is UP and resilient and unless we notice any sign of buying exhaustion or topping out, let’s maintain a bullish bias and look to buy on dips.

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