view for 22nd June

nullnullnullnullNifty has opened 20 points lower around 5330 on back of slight weakness in most Asian markets. Trade should be sluggish for first couple of hours when nifty is expected to move between 5320-5350 and only when Europe opens, should we see heightened activity as many shorts are still trapped. Expect Nifty to move between 5320-5390 whith reality being biggest beneficiary of short covering.