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Midday Outlook for Nifty (21-03-2011)

Nifty moving well along the expected lines. I think the triangle pattern we were speaking about would be completed in a day or two. We need to get it soon for the reversal to happen; if this has to happen. Another possibility is that the pattern would have been completed in todays low at 5349 (Island Reversal). We will keep tracking the nifty movements and will keep you posted.


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Letter from Praveen Pathiyil

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