Nifty Future for June 4 - A Mirage - Anil Desai

As mentioned in the yesterday's post, Nifty did surprise all and closed higher on intraday basis. But still it is not the time to celebrate. Entry to earn from going long is like a "mrugjal" (mirage). Nifty is still very weak on other timeframes. The coming days might see the panic in midcaps.