Market Trend For Tomorrow (17th June '11)

[invest_vinit]

The Market has shown its volatility today. Today Sensex closed at 17,985.88 with -146.36 down points or -0.81% down. And the Nifty closed at 5,396.75 with -50.75 down points or down by -0.93%.
On the other side in the Derivatives Nifty Futures: it closed with -41.60 negative points and settle at 5,409.00 down by -0.76%. So over all market was bearish today and may start with same manner in next trading session.
After facing a huge bearish trend in last trading session Nifty is now showing its volatility and may posible that it will be down in next trading session.
As the Market showing ups and downs in last some trading sessions, It is not a right time to make a long term position. We recommend that trade in small profit and trade in Intraday positions and if you get 30-50 points up that will be right time to put out your self from the market.



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