Nifty Trend and Outlook For Monday 20-June

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It was a worst week for Indian Stock Markets. Nifty and Sensex both indices closed in deep red with loss of 2.0%.

Nifty Intraday Trend For Monday
Commenting on Stock Market For Monday, it is expected that market will take cues from the global markets and is likely to open on a flat note on Monday 20-June.

Nifty Trading Strategy
Short Nifty below 5,380 levels else around 5,400, with stop loss of 5,420, for target of 5,330-5,300 levels.

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