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Nifty Outlook for 01-03-2011

Nifty witnessed wild sings as expected on the day of budget. Today we can expect a move higher in early session and gradually moving lower and lower. Nifty need to close above 5430 to continue its upside movement, till then bears will have control over the nifty. We are still holding short, will keep you updated in case a reversal in nifty is spoted.

SMS not going through. Levels for the day: INTRADAY SELL NIFTY(SPOT)@5370~5405~5440 WITH SL@5445 FOR TARGETS OF 5340~5300.


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Dear friend, After a span of 4 years in minting money and establishing Pentad and Dalal Times, it's time for me to back with sharing knowledge. Earlier, I have been sharing my analysis on Nifty thrice a day, now I will be sharing my analysis on Nifty, Global Indices, Stocks, Commodities, Economy, Key Events and so on. Over the past 4 years, apart from creating wealth from markets, I have also been consistently upgrading my knowledge on analyzing the markets. Starting 17th August, 2015 this blog would be active with enhanced knowledge sharing. Stay tuned to earn, learn and understand markets better... your market friend & forecaster Praveen Pathiyil