Quantcast
Channel: Market Calls
Viewing all articles
Browse latest Browse all 2070

Nifty Futures Market – Overcrowded Longs and Looming Downside Risk

$
0
0

As we approach the end of August 2024, the Nifty Futures market is showing signs of potential short-term corrections, but it's crucial to understand that these are likely temporary pullbacks within a long-term uptrend. While short-term traders may find opportunities on the downside, the bigger picture remains positive, with the market continuing to trend upwards in both the long-term and medium-term. Let’s explore the current market conditions through a Market Profile lens and examine how traders can navigate this environment.

The post Nifty Futures Market – Overcrowded Longs and Looming Downside Risk appeared first on Marketcalls.


Viewing all articles
Browse latest Browse all 2070

Trending Articles