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Midday Outlook for Nifty (26-04-2011)

Nifty Intraday Chart: Nifty might move towards 5760 and a bounce from that level. The selling pressure could be as nifty fails to moves above the negative sloping trend line. We need to wait and watch will this negative sloping trend line will hold on for days to come. Today's close could be critical for a positional holders.

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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