Mentorship InstaView 10 Aug’21: Short term Trigger Defined

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Nifty View: Benchmark Nifty index continues to show volatility as the index dropped sharply in the latter half of today’s session to test 16,200 again. Now with the recent 2-day volatility, one thing is certain - the short term support range of (16,150-16,200) is an important one and one can expect follow through weakness once this range is decisively broken. Till then we should not question the underlying trend and continue with a bullish bias.

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