NIFTY OUTLOOK FOR 20th JUNE 2012
NIFTY SPOT LEVEL
TREND - BEARISH
BANK NIFTY FUTURES
Short Nifty below 5040: Mohit Gaba
Technical analyst Mohit Gaba says that Tuesday's trading session, Nifty closed above 5,100. Is a positive sign for the market. In today's trading session if the Nifty goes below 5040, the traders will have better chance of making the short positions. According to Mohit Gaba the Bank Nifty, Nifty is appearing weak. Despite many negative reports on Tuesday, while the Nifty closed with a gain. But in the next 2 trading sessions remain range-bound market.