
Nifty Futures hit an all-time high in the Monday morning session. It is refreshing to see Nifty resume its bull market trend. However, the market-generated information i.e. the trading context from the market profile indicates a high potential short-term weakness.
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Last Week Nifty futures left a couple of interesting market-generated information on the downside. Failed Auction around 19770 levels and weaker references around 19850,19790, 19650 levels. This week Nifty is focused towards 19770 levels and 19650 levels on the downside