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Midday Outlook for Nifty (09-03-2011)
Nifty is under selling pressure right from the morning session. Nifty needs to make an intraday low below 5460; unless this level is breached the momentum towards downside would not be possible. Hold Nifty short and we will update this evening for overnight holdings.
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