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Overnight View on Nifty (17-03-2011)


Nifty is trying to close below the lower range of 5434. If it manages to closes below it, we can see huge selling in the Nifty starting from tomorrow. Hope the Bear Smash starts again in Nifty from tomorrow. We will build on short position tomorrow, once we get confirmation close today.

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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