Mentorship InstaView 15 Sept’21: Trend Stronger than Resistance


Nifty View: A beautiful 150 point up move from the benchmark Nifty index in today’s trading session to mark the end of the recent 6-day old consolidation. The trend was UP and now with today’s rally it has picked up fresh buying momentum. Also good to observe stocks from PSU banking space participating in the up move, especially index heavyweight SBIN. The worry from a break below 17,300 seems to be behind us now and from a short term perspective (17,400-17,430) will act as supports. Watch the video for a more detailed analysis.

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