Mentorship InstaView 18 Oct’21: No Time to Slow Down
Nifty View: Strong momentum continues for the benchmark Nifty index as it gained another 140 points in today’s session. The index has opened with a rising gap in the last two trading sessions. However towards today’s close we did notice some degree of momentum slowdown, which is very much obvious considering the rate at which prices have accelerated over the past few trading sessions. Strategically one should maintain a bullish bias and look to initiate long trades, either fresh breakouts or pullbacks. Please watch the video for a detailed analysis of the index and stocks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.