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Midday Outlook for Nifty (13-04-2011)

Nifty Intraday Chart: Nifty touched our target zone in the morning session and moved upwards. We need to see whether the correction is over and we will understand by today's close which makes today's close important. At the moment nifty is poised for moving lower in the afternoon session. Nothing am trading now.

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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