So on Monday (20 May 2013) as markets open, we should sell Nifty June Futures. I am recommending June Futures because we should get better momentum on the downside with June series. On Monday I expect a gap to be created on opening. Whether it is gap down or gap up, we should sell Nifty June Futures. This means that your sell could be anywhere in the range of 6180 and 6230. First Target for your sell will be 6000 and 2nd Target will be 5900.
If you have any queries then do ask through the comments section.You can also write your thoughts and suggestions for improvements. Share your thoughts and we will all be that much more informed. All the best for trading on Monday!